Breaking News

Budget 2021 live: Rishi Sunak to declare ‘age of optimism’ alongside spending review

Latest updates: chancellor to pledge ‘stronger economy’ despite cost of living crisis as improved forecasts provide a short-term windfall

Many of today’s budget measures have already been well flagged, including raising the national living wage from £8.91 an hour to £9.50/hour, and ending the public sector pay freeze (although this may well not compensate for rising inflation).

Plus, almost £6bn of investment in buildings and technology to tackle NHS backlogs exacerbated by the pandemic, and £500m to help families. Sunak should also conclude the long-running review of business rates (though major changes may not be announced).

Continue reading...

from The Guardian https://ift.tt/3bfJl6G

No comments