Today the Chancellor, Rishi Sunak, set out a £65 billion three-point plan to provide support for jobs and businesses as we emerge from the pandemic and forge a path to recovery.
Chancellor’s three-point plan to protect jobs and strengthen public finances:
- billions to support businesses and families through the pandemic
- investment-led recovery as UK emerges from lockdown
- future changes to strengthen public finances
The immediate priority continues to be supporting those hardest hit, with extensions to furlough, self-employed support, business grants, loans and VAT cuts – bringing total fiscal support to over £407 billion.
Plus plans to drive jobs, growth and investment to help the economy rebound - and the tough choices required to put the public finances on a more sustainable path.
Tomorrow we will post a link to our Budget Summary which provides an overview of the key announcements arising from the Chancellor’s speech. However, it also looks beyond the headlines and offers details on the less-publicised changes that are most likely to have an impact upon your business and your personal finances.
In the meantime please click here to read the government’s Budget 2021 news story.