Rishi Sunak will today deliver the first Budget in 500 days. The Chancellor, who has been in the post for less than a month, is under pressure to loosen the purse strings as coronavirus takes its toll on the economy. But he is expected to play it safe as the Government accepts the need for … Read more
Rishi Sunak will use his first Budget tomorrow to turn on the Treasury’s spending taps and pledge to invest ‘hundreds of billions of pounds’ on improving the UK’s critical infrastructure. The new Chancellor will announce plans to invest ‘record amounts’ in the nation’s roads, railways, broadband, housing and research. The government wants the spending spree … Read more
Chancellor Sunak urged to reform archaic business rates to ease coronavirus chaos By Tom Witherow For The Daily Mail Published: 21:50 GMT, 9 March 2020 | Updated: 21:50 GMT, 9 March 2020 The Chancellor is under mounting pressure to reform the ‘archaic’ business rates system when he delivers his first Budget tomorrow amid the coronavirus … Read more
Chancellor Rishi Sunak will use £100m of Budget to toughen up community sentences by imposing stricter curfews on newly-released prisoners and handing them ‘sobriety tags’ Rishi Sunak to ‘toughen up community sentences’ in Britain’s budget tomorrow Chancellor will set aside £100million to bolster the probation service Convicted criminals released from prison will face tighter constraints … Read more
Rishi Sunak (pictured in Downing St last month) warned that UK plc is set for a ‘shock’ as the killer disease spreads around the globe The Budget will stop coronavirus wreaking permanent damage to the economy and give the NHS ‘whatever it needs’, the Chancellor vowed today. Rishi Sunak warned that UK plc is set … Read more
Chancellor Rishi Sunak vows to protect the economy from coronavirus with support for businesses in case employees fall sick Rishi Sunak suggested his financial plan would now focus on ‘economic security’ He added that he was ‘not daunted’ by the challenge of protecting UK’s finances Said the country is ‘well prepared’ and would ’emerge on the … Read more
End of the tampon tax: Chancellor Rishi Sunak will axe the unpopular levy on sanitary products in his first Budget Widely-unpopular levy will be axed when Britain exits the transition period EU law has prevented members from reducing rate below five per cent It treated tampons and sanitary pads as luxury items and not essential … Read more
Chancellor urged to slash taxes to save airlines: 2,400 jobs go in Flybe collapse as industry faces £86 billion bill By James Salmon for the Daily Mail Published: 21:59 GMT, 5 March 2020 | Updated: 22:12 GMT, 5 March 2020 Airlines have pleaded with the Chancellor of the Exchequer to slash air passenger duty (APD) … Read more
Business leaders in plea to Chancellor to shake up Britain’s broken business rates regime By Daily Mail City & Finance Reporter Published: 23:16 GMT, 3 March 2020 | Updated: 23:16 GMT, 3 March 2020 Business leaders are pleading for the Chancellor to shake up Britain’s broken business rates regime. In a letter to Rishi Sunak … Read more
Campaigners are calling on the Government to deliver a lifeline to savers in the Budget. National Savings and Investments (NS&I) last month announced cuts to more than a dozen products, while interest rates offered by High Street banks and building societies have been in freefall for months. Money Mail has long demanded better rates to … Read more