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
Labour leader Sir Keir Starmer was today accused of being ‘ineffective’ after mocking Rishi Sunak’s love of social media in his response to the Tory Chancellor’s radical Budget. The Chancellor announced that income tax thresholds are being frozen until 2026 and corporation tax is being hiked from 2023 as he revealed the Government’s ‘unimaginable’ £407billion … 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
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
Cheers to that! Rishi Sunak freezes booze tax for a second year in a row in a boost for Covid-weary Brits and also keeps fuel duty frozen for the tenth successive year Increases in duty on beer, cider, wine and spirits axed for second year in a row Tax on a tankful of fuel will … Read more
Sir Keir Starmer accused Rishi Sunak of using today’s Budget to ‘paper over the cracks’ that have opened up in the UK economy during the Covid pandemic – as he took aim at the Chancellor’s love of social media. The Labour leader goaded Mr Sunak after he presented his plan to restore the nation’s finances, … Read more
Rishi’s £150million pub lifeline: Chancellor unveils scheme to help locals to BUY their struggling boozer and other ‘community assets’ like sports clubs The £150m Community Ownership Fund would provide grants up to £250,000 Will also allow bids for up to £1million in ‘exceptional circumstances’ This would allow larger venues like sports grounds and clubs to … Read more