The Chancellor announced plans for ‘green growth’ in his Budget today – but they were criticised for being ‘way short’ of the action required to tackle climate change. Rishi Sunak heralded a new national infrastructure bank in Leeds with £12billion to finance a green industrial revolution and £15billion of new green gilts this year. There … Read more
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
Sir Keir Starmer accused Rishi Sunak of using today’s Budget to ‘paper over the cracks’ that have opened up in the UK economy during the Covid pandemic – as he took aim at the Chancellor’s love of social media. The Labour leader goaded Mr Sunak after he presented his plan to restore the nation’s finances, … Read more
Aspiring homebuyers today welcomed the Chancellor announcement that they will receive extra help to get onto the ladder as he pledged a new mortgage guarantee scheme and an extension of the stamp duty holiday. Rishi Sunak‘s fresh initiative will incentivise lenders to provide mortgages to first-time buyers as well as current home-owners with just 5 per cent … Read more
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
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
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
Keir Starmer is hammered by Labour bible the New Statesman over his opposition to Budget tax rises as it says the party has ‘no idea what it wants’ and has left voters ‘bewildered’ Magazine said that the party has ‘‘no idea what it wants’ under his leadership Starmer under pressure after refusing to call for … Read more
Keir Starmer is hammered by Labour bible the New Statesman over his opposition to Budget tax rises as it says the party has ‘no idea what it wants’ and has left voters ‘bewildered’ Magazine said that the party has ‘‘no idea what it wants’ under his leadership Starmer under pressure after refusing to call for … Read more
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