Tax & Spend

UK’s Next Budget Will Take Place on March 15, Jeremy Hunt Says

  • Budget follows £55 billion November package to steady finances
  • Hunt has raised taxes by £25 billion, cut £30 billion spending

Jeremy Hunt

Photographer: Chris J. Ratcliffe/Bloomberg
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Prime Minister Rishi Sunak’s UK government will deliver its next budget on March 15, Chancellor of the Exchequer Jeremy Hunt said.

Hunt has asked the independent Office for Budget Responsibility to prepare a set of forecasts for that date to accompany the budget, he said in a written statement to Parliament on Monday.