Court of Protection
Budget – March 2023
The long-discussed budget of the Chancellor Jeremy Hunt had few surprises, with many of the main announcements pre-empted over recent days.
The Chancellor’s aim is to get more people into work, whether with help for over-50s, encouraging professionals to postpone retirement, helping the disabled into work or providing parents with additional childcare funding. It is acknowledged that inflation needs to come down to ease pressure on household spending. The Office of Budget Responsibility predicts that inflation will fall to 2.9% by the end of 2023. The impact of the above changes will be seen as the year progresses.
In summary: