Despite enormous global challenges, the UK economy is proving the doubters wrong. The difficult decisions we have taken to restore stability mean that we have avoided recession and growth is forecast to return.
We are working hard to deliver on the Government’s priorities to halve inflation, grow the economy and reduce debt so we can create better-paid jobs and opportunities across the United Kingdom, guaranteeing a better future for the next generation.
Yesterday the Chancellor delivered our Budget for Growth, including:
Extending 30 hours of childcare a week to working parents of children aged 9 months to 4 years
Introducing a £25 billion three-year tax cut for business investment
Extending the Energy Price Guarantee at £2,500 for three months
Freezing fuel duty for a thirteenth year, saving the average driver around £200
Delivering a Brexit Pub Guarantee so draught duty will always be less than duty in supermarkets
An extra £200 million to tackle potholes
Ending premium for those using pre-payment meters
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