HM Treasury

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From today millions of people will get their first Cost of Living payment: • That’s £326 • Paid directly into bank accounts • To help with rising costs. Find more support at costoflivingsupport.campaign.gov.uk
A huge congratulations to all of the winners and nominees from last night's Kickstart Awards. The Kickstart scheme - part of our #PlanforJobs provided jobs for over 163,000 young people, giving them invaluable experience and supporting them through the pandemic. twitter.com/dwppressoffice…
New @ONS data shows that GDP grew 0.5% in May and is now estimated to be 1.7% above its pre-pandemic levels. Here's what Chancellor @nadhimzahawi had to say:
🌞 With hot weather forecast for the rest of the week, it's important to: ⛱️ spend time in the shade 💧 stay hydrated 🧴 wear sun cream More info on how to cope in#heatwaveavnhs.uk/live-well/seas…Ol1O
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The National Insurance Contributions threshold has changed to £12,570. That is a tax cut for over 30 million people. Want to know more? Read here: gov.uk/government/new…
Chancellor @nadhimzahawi addressed HM Treasury staff in London and Darlington yesterday, thanking them for their dedication and setting out a plan to ensure the stability and resilience of the economy in the month ahead.
HM Treasury has today announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority Read more about his role @TheFCA here: gov.uk/government/new…
The first instalment of the government’s £650 Cost of Living payment will start to hit people's accounts in 1 week. From 14 July, £326 will we paid to millions of households to help with rising costs - with the second payment due to arrive in the autumn. costoflivingsupport.campaign.gov.uk
The National Insurance threshold increase means you could be taking home up to £330 extra a year. Check how much you could be saving 👇gov.uk/guidance/estim…0P
From today, 30 million people in the UK will get a £6bn tax cut worth up to £330 a year. This is thanks to National Insurance thresholds being raised from £9,880 to £12,570 – meaning workers can earn an extra £2,690 a year tax-free. gov.uk/government/new…
"I will be making sure the economy remains competitive and dynamic with our European neighbours and the rest of the world." Speaking on @BBCBreakfast this morning Chancellor of the Exchequer @nadhimzahawi discussed how he will focus on rebuilding and growing the UK economy.
Chancellor of the Exchequer @nadhimzahawi has had a busy start to the day, speaking to media about today’s historic National Insurance tax cut, his new role, and his focus on supporting households with rising costs.
The Rt Hon Nadhim Zahawi MP @nadhimzahawi has been appointed Chancellor of the Exchequer @hmtreasury
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Changes to the National Insurance Threshold come in tomorrow, saving the typical employee £330 per year. Have you checked how much you could be saving? gov.uk/guidance/estim…
Chancellor @RishiSunak visited the @GSK life sciences campus in Stevenage today. The exciting new campus recently received £900mn of investment, and will create 5,000 new UK based science and biotechnology jobs.
HM Treasury Chief Economic Advisor Clare Lombardelli delivered a speech on Covid and the UK Economy at King's College London on Wednesday. Read what she said about the impact of Covid on the UK economy and the Treasury's economic policy response 👇 gov.uk/government/spe…ct
Do you want to: - Grow your business - Adopt new digital technologies - Get free impartial information and support Help to Grow Digital can do that. Find out more: gov.uk/business-finan…
Confused when government support will hit your bank account? Chancellor @RishiSunak explains when you'll start seeing the £37bn of government support landing (spoiler: some of it already has) 👇c
Delighted to speak with @TheCityUK this morning where I set out how our upcoming Financial Services & Markets Bill will seize our new freedoms to enhance the UK's position as a global leader in financial services. Read my speech 👇I
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“The UK is the most dynamic, innovative economy anywhere in the world, and I think innovation is the most important thing for prosperity." Chancellor @RishiSunak spoke with @britishchambers Director General Shevaun Haviland to discuss our plan for a stronger economy. #BCCconf
We did it! Over half a million people have been helped into work by the #WayToWork campaign in 5 months, with Jobcentre staff working hard to reach the target we set ourselves in January this year
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Just 1 week to go until the National Insurance Contributions threshold changes to £12,570 - giving over 30 million people a tax cut. Use the government's online tool and find out how these changes could affect you : gov.uk/guidance/estim…
The Government’s #CostOfLiving package has received Royal Assent - millions will get at least £1,200 this year - over 6 million disabled people will receive an extra £150 - eligible pensioners will receive a £300 top up Visit the #CostOfLiving website ow.ly/nKxx50JJzgp
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Working families, claim Tax-Free Childcare and get 20% of your costs from the Government. So, for every £8 you put towards childcare, you will get a £2 top up to use towards: 🎨holiday clubs 🧒childminders 🎾sports activities Find out more here gov.uk/tax-free-child…87rhL
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The National Insurance Contribution tax cut is coming in next week. Have you checked how much you could be saving? gov.uk/guidance/estim…
National Living and Minimum Wage rates increased on 1 April 2022. Now that it's nearly pay day remember to #CheckYourPay to make sure you’re on the correct rate. There’s support available if you think you’re being underpaid. Learn more 👇 checkyourpay.campaign.gov.uk/?utm_campaign=…O
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Over 100,000 people have already used the new online tool to find out how much next week’s National Insurance Contribution tax cut will boost their take home pay. Have you checked how much you could be saving? gov.uk/guidance/estim…
The National Insurance Contribution tax cut is coming in next week. These changes will benefit over 30 million people and save the typical employee £330 per year. Chancellor @RishiSunak explains more 👇c
SANCTIONED: Russian gold exports, worth £14.4 billion to the Russian economy in 2020. Working with our allies, we are cutting off funding for Putin’s regime.
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We take a major step today as we publish our first strategy which sets out how we will deliver on our mission to tackle climate change and boost economic growth across the whole of the UK. ➡️bit.ly/3ycrDgt #UKIBStrategy #InfrastuctureFinance #CleanEnergy
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Chancellor @RishiSunak visited @netzero_tc in Aberdeen today to host the latest Treasury Connect. He spoke with staff members and took questions on the issues affecting them including jobs, how the government is supporting the sector, and what the future looks like for UK energy
Chancellor @RishiSunak hosted a roundtable at @netzero_tc this morning, where he discussed important issues in the energy sector including investment in North Sea oil and gas and the impact of the energy profits levy.
The wait is over - the #WindrushMonument has been unveiled at Waterloo station 3 figures In their Sunday best Climbing suitcases Representing the aspirations of those who travelled from the Caribbean and celebrating their contribution to the UK #WindrushDay | #WindrushDay2022
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It was great to meet and listen to the experiences of children and young people with lived experience of the care system today. We must work together to improve the care system to ensure vulnerable young people in the UK achieve their potential. twitter.com/ncbtweets/stat…
Retweeted by HM Treasury
This morning Chancellor @RishiSunak explained that the government is continuing to use all the tools at its disposal to bring inflation down, combat rising prices and support families with increased costs.
Do you or someone you know need help with energy bills? Visit the government’s website to find details of the support available: costoflivingsupport.campaign.gov.uk/?utm_source=be…
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The government's new Financial Support and Benefits Checker Tool will help people with rising costs by showing what support they are eligible for that they may currently not be accessing. Find out what is available to you: gov.uk/check-benefits…
3/ Firms will now have to be authorised by the financial regulator – ensuring they meet standards to legally operate in the UK. And where consumers have a dispute, they will now be able to take their complaint to the Financial Ombudsman who will adjudicate on your behalf.
2/ New rules will ensure lenders are responsible - requiring them to only issue loans to people who can afford them. We’re also acting to ensure that adverts are fair, clear, and not misleading, ensuring people have appropriate information before taking out this type of credit.
1/ Yesterday we announced plans to strengthen regulation of Buy-Now-Pay-Later credit agreements - protecting millions of people from potential harm. Find out more about our proposals 👇A
We're motivated to help increase the digital skills and productivity in the UK, as we believe this to be important in driving economic growth. See what @RishiSunak believes about the importance of digital skills for the UK economy
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Vulnerable families will receive £1,200 of extra support to help with rising costs, with the first payment going straight into bank accounts from 14 July. Check the Cost of Living website to see what support is available to you: costoflivingsupport.campaign.gov.uk/?&utm_source=h…
From 6 July, National Insurance thresholds are changing, so you pay National Insurance contributions on less of your income. Find details on GOV.UK. A new calculator gives a broad estimate of what PAYE employees will pay: gov.uk/guidance/estim…
Retweeted by HM Treasury
On 6 July, the NICs tax cut means that 30 million people will have their take home pay boosted up by £330 and keep more of what they earn. Use the government's new online tool and find out how these changes could affect you: gov.uk/guidance/estim…
Great to visit Feethams House, the wonderful new home of the Darlington Economic Campus and @hmtreasury, today. Parts of the building are ready for occupation in just a few weeks and this will be a huge draw both for people joining gov’t for the first time and those relocating.
Retweeted by HM Treasury
Chancellor @RishiSunak hosted a Treasury Connect at @BootsUKNews Head Office in Nottingham where he undertook a Q&A with staff and spoke with Kickstarters. He also visited the Beeston Boots store, where he met the team and answered their questions on jobs and the cost of living.
The government has committed to modernising the Consumer Credit Act - which regulates all UK credit card purchases and personal loans. These reforms will cut costs for businesses and simplify rules for consumers.
This week, Chancellor @RishiSunak attended several #LondonTechWeek events to discuss how investing in people, capital and ideas is crucial in driving innovation and boosting UK productivity. Watch 👇e
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