Knowles Warwick

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[HM Treasury @hmtreasury]

Click below to read the Spring Statement 2025 in full.

[HM Treasury @hmtreasury]

Our mission is to make Britain a clean energy superpower.

That's why we are removing Climate Change Levy costs from the electrolysis process to create low carbon hydrogen.

This will help to decarbonise power, industry and transport nationwide, and help to grow our economy.

[HM Treasury @hmtreasury]

We are making it simpler for families to pay their High Income Child Benefit Charge (HICBC).

From Summer 2025, employed parents will have the option to pay their HICBC through PAYE, removing the need to register for Self Assessment.

[HM Treasury @hmtreasury]

We are going further and faster to deliver growth.

That's why we’ve launched plans to train up to 60,000 more construction workers by 2029, tackling skills shortages and paving the way to deliver 1.5 million homes by the end of this Parliament.

[HM Treasury @hmtreasury]

We're announcing a further £2bn for social and affordable housing in 2026-27, helping to deliver our goal of 1.5m homes by the end of this Parliament.

By taking on the blockers to get Britain building, we'll kickstart growth and put more money in people's pockets.

[HM Treasury @hmtreasury]

The world is changing and the UK must adapt.

That is why we have announced a £2bn increase to @UKEF's lending capacity, boosting growth and securing jobs for the defence sector, while unlocking opportunities for UK exporters to expand sales and increase their competitiveness.

[HM Treasury @hmtreasury]

The world is changing.

That's why we are confirming a further £2.2bn defence spending uplift for 2025/2026.

Investing in advanced weaponry for our troops as well as providing better homes for military families.

[HM Treasury @hmtreasury]

We are bringing forward £3.25bn of investment to deliver the reforms that our public services need through a new Transformation Fund.

That is money being brought forward to bring down the admin costs of running government and make public services more efficient and productive.

[HM Treasury @hmtreasury]

We are committed to raising defence spending to 2.5% of GDP from April 2027.

This investment boosts economic growth across the UK, creating jobs, enhancing skills, and providing opportunities.

[HM Treasury @hmtreasury]

Public services are crucial for millions in the UK, and paying the right tax is vital to support them.

That's why we are closing in on promoters of tax avoidance schemes and prosecuting more tax fraudsters.

[Knowles Warwick @KnowlesWarwick]

📢 FCA to Scrap 100+ Pages of Rules to Cut Red Tape

The Financial Conduct Authority is cutting over 100 pages of regulations in consumer finance, investments, and mortgage lending.

What’s Changing? 👉 https://t.co/3rnk8F0SDc

[Knowles Warwick @KnowlesWarwick]

📊 UK Tax Receipts Hit £68.8bn in February

HMRC collected £68.8bn in tax receipts last month—£2.5bn more than in February 2024! From April 2024 to February 2025, total tax revenue reached £787.2bn, up £25.5bn year-on-year.

Read more 👉 https://t.co/UCVAWJ1edX

[Knowles Warwick @KnowlesWarwick]

Severe weather can be a huge challenge for businesses—power outages, property damage, and unexpected downtime can feel overwhelming. But you are not alone, and you WILL recover.

Here’s how 👉 https://t.co/olihMsiphL

[Knowles Warwick @KnowlesWarwick]

📢 The Bank of England has kept interest rates at 4.5%, citing rising global economic uncertainty. The decision was widely expected, with the Monetary Policy Committee voting 8-1 in favour.

Find out what his means for you 👉 https://t.co/JTpe3ZoCMG

[Knowles Warwick @KnowlesWarwick]

Tired of losing sleep over payroll? 😴
Let us handle the numbers, so you can focus on growing your business! 🌱

Get started today! 👉 https://t.co/LUYm7ckViR

[Knowles Warwick @KnowlesWarwick]

Over 1 in 5 UK Adults Remain Out of Work 💼

While this figure has dropped slightly over the past year, it remains a key issue as the Government focuses on economic growth.

Stay in the know 👉 https://t.co/4FBT22xz1L

[Knowles Warwick @KnowlesWarwick]

Self Assessment Threshold Increased for Side Hustles🏷

The Government has announced a rise in the self assessment threshold for small-scale trading profits, increasing from £1,000 to £3,000.

Read more about it here 👉 https://t.co/rnUSF79oII

[Knowles Warwick @KnowlesWarwick]

UK Finance Unveils Growth Plan for Financial Services 🌱

UK Finance has outlined its growth plan, which was submitted to the Government in March. The plan sets out key reforms to enhance the financial services sector’s contribution to economic growth 👉 https://t.co/teTJJ0LQP3

[Knowles Warwick @KnowlesWarwick]

Buy-to-let companies have become the most common type of business in the UK, outnumbering fast-food takeaways and hairdressers nearly four to one. More businesses are now registered to hold rental properties than any other sector.

Read more here 👉 https://t.co/xIVVvfDuqz

[Knowles Warwick @KnowlesWarwick]

👷‍♂️ Whether you're a contractor managing subcontractors or a subcontractor working on multiple projects, understanding the Construction Industry Scheme is crucial for compliance and managing cashflow effectively.

Here's everything you need to know 👉 https://t.co/A2n16epc3N