Rishi Sunak warned the UK cannot ignore its ‘wartime’ levels of borrowing today as he splashed the Covid cash again today to help the recovery. In a crucial Budget that will set the country’s course for years, the Chancellor is extending the £53billion furlough scheme for an extra five months, as well as keeping self-employed … Read more
Contactless payment limit will rise from £45 to £100 in bid to boost economy after lockdown – but banks warn of increased fraud risk Rishi Sunak is set to increase the contactless payment limit from £45 to £100 The limit was last increased from £30 to £45 at the start of the Covid pandemic Banks … Read more
Contactless payment limit will rise from £45 to £100 in bid to boost economy after lockdown – but banks warn of increased fraud risk Rishi Sunak is set to increase the contactless payment limit from £45 to £100 The limit was last increased from £30 to £45 at the start of the Covid pandemic Banks … Read more
Rishi Sunak will splash the Covid cash again today vowing to use ‘full fiscal firepower’ to help the recovery – with furlough set to last until October. In a crucial Budget that could set the country’s path for years to come, the Chancellor will go big by extending the £53billion scheme for an extra five … Read more
Tories’ war of words on tax rises: Kwasi Kwarteng rejects calls for higher levies as debate rages over Covid deficit Business Secretary Kwasi Kwarteng rejected calls for tax rises yesterday Former party leader William Hague has backed Rishi Sunak to raise taxes Kwarteng said it is vital that economic recovery was not ‘crushed’ by high … Read more
£410m lifeline for arts venues: Museums, theatres and concert halls will be given budget bailout to help them stay afloat until Covid restrictions are lifted Theatres, museums and live music venues to be handed £410million lifeline Rishi Sunak said the support was in recognition of the arts being a ‘significant driver of economic activity’ Mr … Read more
£410m lifeline for arts venues: Museums, theatres and concert halls will be given budget bailout to help them stay afloat until Covid restrictions are lifted Theatres, museums and live music venues to be handed £410million lifeline Rishi Sunak said the support was in recognition of the arts being a ‘significant driver of economic activity’ Mr … Read more
The furlough scheme that has cost Britain £53billion will be extended to the end of September as Rishi Sunak vows to do ‘whatever it takes’ to help the economy recover. In today’s Budget, the Chancellor will extend the job protection scheme for an extra five months beyond the current deadline at the end of April. … Read more
Rishi Sunak will vow unleash his ‘fiscal firepower’ to rescue Britain’s coronavirus-ravaged economy when he delivers his Budget tomorrow. The Chancellor is set to launch a three-pronged economic plan to breathe new life into UK plc after one of the most disastrous years in history. But his bid to protect jobs and livelihoods while putting … Read more
The Tory civil war over tax rages today after Boris Johnson hinted fuel duty will be frozen in tomorrow’s Budget – but Lord Hague warned that taxes will have to rise to heal the public finances. The PM signalled that Rishi Sunak will avoid raising the levy on petrol and diesel as he insisted the economic … Read more