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 Spring 2021: Cost of pandemic will be paid back by ‘many governments over many decades’

The colossal economic damage inflicted during the pandemic will have to be paid back by ‘many governments, over many decades’, Rishi Sunak has admitted.   In an hour-long statement to the Commons, the Chancellor yesterday revealed that the Government has borrowed a record £355billion this year – which at 17 per cent of UK national income … 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 Spring 2021: Jeremy Corbyn accuses Rishi Sunak of stealing John McDonnell’s economic policies

Jeremy Corbyn today accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for his radical Budget. The former Labour leader said many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to the North, were policy proposals in Labour’s 2019 manifesto. Mr … Read more

Budget Spring 2021: Jeremy Corbyn accuses Rishi Sunak of stealing John McDonnell’s economic policies

Former Labour leader Jeremy Corbyn today accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for a radical Budget that will set Britain’s course for years. Mr Corbyn told the Commons many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to … Read more

Funds to pay back the vast Covid-19 debt have to come from somewhere

Money to pay back the vast costs of Covid-19 has to come from somewhere. Unfortunately for Middle Britain, much of the burden will fall on its shoulders. Indeed, Rishi Sunak’s coronavirus face mask could double up as a highwayman’s disguise, so adept has he been at forcing the middle classes to stand and deliver. He … Read more

Funds to pay back the vast Covid-19 debt have to come from somewhere

Money to pay back the vast costs of Covid-19 has to come from somewhere. Unfortunately for Middle Britain, much of the burden will fall on its shoulders. Indeed, Rishi Sunak’s coronavirus face mask could double up as a highwayman’s disguise, so adept has he been at forcing the middle classes to stand and deliver. He … Read more

Rishi Sunak carefully positions himself at top of No 11 stairs for latest Budget photocall

Rishi Sunak carefully positioned himself at the top of the staircase of No11 for his latest pandemic Budget photocall in a marked change from his official photo line up from last year. The 5ft5 Chancellor displayed a calm demeanour as he and his Treasury team gathered on the flight of stairs and looked up at the photographer … Read more