In a Budget which ‘meets the moment’, the Chancellor has today (3 March) 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

Chancellor of the Exchequer Rishi Sunak said his 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.

He also set out plans to drive jobs, growth and investment to help the economy rebound – and spoke honestly about the tough choices required to put the public finances on a more sustainable path.

Read more here – https://www.gov.uk/government/news/budget-2021-sets-path-for-recovery

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