Fiscal Statement 2022: Digital

1 min read

Last week’s fiscal statement, the ‘mini-Budget’ that the Government insisted wasn’t, in fact, a Budget at all, came at 9:30am on Friday 23 September and brought with it some significant, unexpected and (in some cases) controversial measures.

Amid preceding uncertainty about if, when, or whether there’d even be a fiscal statement this month, recently appointed Chancellor Kwasi Kwarteng ushered in what he heralded as “a new era” for businesses and families across the United Kingdom.

If you were in any doubt that this wasn’t your typical Budget, or a Budget at all, look no further than the absence of an economic outlook report from the Office for Budget Responsibility (OBR).

The Chancellor emphasised that, in light of this, there would be a fuller package of announcements to come later in the autumn.

But the measures announced last week, he deemed, were actions that needed to be taken without delay to prevent further economic decline.

As recently as August, the Office for National Statistics reported that inflation, as measured by the consumer price index, had risen by 9.9% in the 12 months to August 2022 – far above the 2% inflation target the Bank of England aims for.

Read more on Financial statement 2022: Digital here:

You might be interested in...

  1. UK tax implications of working abroad

    27 May 2026

    UK tax implications of working abroad

    Domicile. Residency. Double taxation. The tax impacts that you need to know about working or living abroad.

    Learn more

    UK tax implications of working abroad
  2. Top 5 tips for SMEs starting their AI journey

    27 May 2026

    Top 5 tips for SMEs starting their AI journey

    Cut through the AI hype and demo overload with our five practical tips to help SMEs adopt AI in a controlled, business-focused way.

    Learn more

    Top 5 tips for SMEs starting their AI journey
  3. Mortgage Types Explained

    26 May 2026

    Mortgage Types Explained

    A bite-sized guide to the residential and letting mortgage types.

    Learn more

    Mortgage Types Explained
  4. Play icon

    22 May 2026

    Beyond the Books Episode 5

    Jordan is joined by business owner and ex-corporate finance expert who talks about the move from corporate life into the property world and what she’s learned as a business owner.

    Watch now

    Beyond the Books Episode 5