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The single fiscal event and new timetable to bring forward tax changes so they are legislated for before the start of the tax year will be beneficial to tax stakeholders. Making the transition to the new timetable will require adjustments to the normal tax policy making process due to the shorter interval between the two Budgets. Arrangements will be decided individually for different policies and set out to stakeholders by HMRC. In the normal way, these will where possible provide for consultation on policy proposals and on draft legislation.

A major increase in research and development funding for universities and businesses with R&D projects to help the UK remain an attractive place for businesses to invest in innovative research.

LIBOR fines are collected from banks who break banking rules, and are given directly to causes benefitting armed forces and emergency services charities.

With a new £2.3 billion Housing Infrastructure Fund to deliver infrastructure for up to 100,000 new homes in areas of high demand.

MAIB is conducting a preliminary assessment of a fatal accident that occurred on a privately owned cabin cruiser at Cardiff Yacht Club on Saturday 12 November 2016. Shortly after midday the boat’s owner was found collapsed on the boat and despite the efforts of fellow club members and emergency services he did not regain consciousness.