In a Budget which ‘meets the moment’, the Chancellor has 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.
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.