From Dominic Raab MP <[email protected]>
Subject What the Spring Budget means for you
Date March 17, 2023 11:58 AM
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What the Spring Budget 2023 means for you
John xxxxxx,
We are working hard to halve inflation, grow the economy, and reduce debt.

Through the Spring Budget 2023, we are:
* Delivering a £25 billion three-year tax cut for business investment in the UK.

* Increasing support for our R&D sector, cementing our position as a science superpower to grow the economy.

* Simplifying the tax system for small and medium sized businesses, allowing them to focus on their priorities like growing their business.

* Investing up to £20 billion in carbon capture, use & storage technology, boosting energy security and helping reach Net Zero by 2050 by backing British nuclear, and launching 12 Investment Zones to boost economic growth and create new jobs.

* Helping working families with 30 free hours of childcare per week – worth £6,500 per year - for children from 9 months to 4 years, increasing hourly rates for free childcare providers, and introducing a new childminders grant to support childminders with start-up costs.

** A Budget for Growth ([link removed])
To help with the cost of living, we are:
* Freezing fuel duty for a thirteenth consecutive year, saving the average driver around £200.

* Capping the Energy Price Guarantee at £2,500 until the end of June 2023, giving families the certainty they need. It will then increase to £3,000 from 1 July and remain in place until 31 March 2024.

* Ending the premium paid by those on prepayment meters, making bills fairer for over four million households.

Find out more below

** Read the Chancellor's Speech ([link removed])
£3,710,000 to fix potholes in Surrey
The government is investing £200 million in maintaining and improving local roads and fixing potholes.

In Surrey, £3,710,000 of this funding will be provided to improve road conditions and make our roads safer.

Locally, as part of My Plan for Esher and Walton constituency, I am working to improve local transport and get more potholes repaired.

** My Plan for Esher and Walton constituency ([link removed])
If you are a constituent in need of my assistance
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