Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously thought. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, then … Read more
Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously thought. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, then … Read more
Britain is set for a summer spending splurge after Rishi Sunak today extended the discount 5% VAT rate, meaning consumers are set for cheaper coffee, meals out and staycations. The super-low rate will carry on until September, the Chancellor announced in his Budget today, then move to 12.5 per cent until April 2022 before returning … Read more
Rishi Sunak today sparked fears of a future return to lockdown after he extended the furlough scheme to the end of September and announced grants for the self-employed will also continue. The Chancellor used the Budget to confirm that furloughed workers will continue to receive 80 per cent of their wages for the next seven … Read more
Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget today: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously though. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, … Read more
Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget today: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously though. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, … Read more
Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget today: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously though. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, … Read more
Rishi Sunak faced fury from charities, MPs and care groups today after failing to provide any extra help for hospitals, care homes or medical research. Care home bosses accused the Chancellor of ‘betraying’ elderly residents, claiming he had once again ignored the cash-strapped sector which has been ravaged by Covid. Boris Johnson originally promised to … Read more
Asda, Morrisons, Tesco and Sainsbury’s have vowed to refuse a business rates relief offered today’s Budget after supermarkets paid back the £1.7billion they saved in the Covid tax break last year. Chancellor Rishi Sunak has said that the business rates holiday will be extended until the end of June for hard-hit retail, hospitality and leisure … Read more
London markets cheer on Chancellor’s budget: FTSE closes up 0.9% or 62 to 6,675 points after Rishi Sunak unveils more big spending to boost Covid-hit economy FTSE 100 index of UK’s leading companies up 0.93% or 61 points at 6,675 today However it had been up further in early trading in London at 6,703 this … Read more