The latest news and views from Gibson Lamb

The place for updates on financially significant world events; our views on market developments; and news about our approach to doing business, including our focus on sustainability.

The March 2022 Spring Statement

The March 2022 Spring Statement


Date published

The Chancellor has delivered his mini budget which attempted to address the very real crisis in the cost of living and doing business currently being experienced by households and companies around the UK.

Whether the changes are enough to help families and businesses struggling to make ends meet will probably be hotly debated in the national press over the next few days.

We’ve put together a guide to the mini budget to give you more detail on the impact of today’s statement.

Turning quickly to environmental issues, it was interesting to note the removal of VAT on products to make homes more energy efficient, including solar panels and home insulation. It’s a shame Sunak didn’t offer a grant or scheme to further encourage homeowners and landlords to actually fit solar panels and insulation though. Maybe that will feature in the next budget…