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The professional association for homecare providers

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Chancellor delivers Spring StatementChancellor delivers Spring Statement

The Chancellor delivered his Spring Statement today. As expected, with the uncertainty over Brexit, it was fairly brief.

  • The statement confirmed the Government is to conduct a full Spending Review before the summer recess, as long as a Brexit deal is agreed, to set 3 year budgets for departmental spending beyond the NHS and conclude alongside the Autumn Budget. The implication was the Chancellor would have more to spend on public finances if a No-deal Brexit is avoided.
  • Apprenticeship reforms will see, from 1 April, the co-investment rate employers pay cut from 10% to 5%, and levy-paying employers able to share more levy funds across their supply chains, with the maximum amount rising from 10% to 25%.
  • The government has appointed Professor Arindajit Dube to undertake a review of the latest international evidence on minimum wages, to inform future National Living Wage policy after 2020.

Summary and Written ministerial statement Guardian key points

Announcement posted on:

UKHCA News ID: 235050

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