Budget 2021: Fears of Covid lockdown FOUR as Rishi Sunak extends furlough 

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: Fears of Covid lockdown FOUR as Rishi Sunak extends furlough 

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

UK’s £2.8TRILLION debt mountain amid grim figures

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: Asda, Morrisons and Tesco vow to refuse business rates relief

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

UK’s tax burden is set to hit highest level since 1960s as Rishi Sunak raises billions

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

UK’s tax burden is set to hit highest level since 1960s as Rishi Sunak raises billions

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: Rishi Sunak freezes alcohol and fuel tax in boost for Covid-weary UK

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

Stamp duty holiday extension calculator: How much will you pay?

Stamp duty holiday extension calculator: How much tax would you pay and what could you save? By Simon Lambert For This Is Money Published: 14:52 GMT, 3 March 2021 | Updated: 14:52 GMT, 3 March 2021 The stamp duty holiday deadline will be extended from 31 March to 30 June 2021, the Chancellor said today … Read more

Budget 2021: FTSE 100 rises 0.8% as Rishi Sunak £407bn Covid response plan announced

London markets cheer on Chancellor’s budget: FTSE rises 0.8% or 53 to 6,667 points as Rishi Sunak unveils more big spending to boost Covid-hit economy FTSE 100 index of UK’s leading companies up 0.8% or 53 points at 6,667 today However it had been up further in early trading in London at 6,703 this morning … Read more

Budget 2021: £150m Rishi Sunak scheme helps locals BUY struggling pubs

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