The Chancellor of the Exchequer presented his Budget to Parliament on Wednesday 3 March 2021.
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.
The three-point plan to protect jobs and strengthen public finances includes:
- billions to support businesses and families through the pandemic
- investment-led recovery as UK emerges from lockdown
- future changes to strengthen public finances
Chancellor 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.
Click on the image below to find out more.
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The ACCA have also released a report on Budget 2021, which can you find by clicking on the button below.
Click here to read the ACCA’s report on Budget 2021