Rishi Sunak defends income tax raid on low and middle earners

Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously thought. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, then … Read more

Budget 2021: Fears of Covid lockdown FOUR as Rishi Sunak extends furlough 

Rishi Sunak today sparked fears of a future return to lockdown after he extended the furlough scheme to the end of September and announced grants for the self-employed will also continue.  The Chancellor used the Budget to confirm that furloughed workers will continue to receive 80 per cent of their wages for the next seven … Read more

HENRY DEEDES watches Chancellor Rishi Sunak’s budget speech

To paraphrase an old joke: An Etonian, a Harrovian and a Wykehamist and are sitting in a bar when a woman walks in. The Etonian says: ‘Fetch her a chair.’ The Harrovian fetches it. The Wykehamist sits in it. Winchester alumnus Rishi Sunak didn’t pull off quite such a dastardly move yesterday. No. He was … Read more

HENRY DEEDES watches Chancellor Rishi Sunak’s budget speech

To paraphrase an old joke: An Etonian, a Harrovian and a Wykehamist and are sitting in a bar when a woman walks in. The Etonian says: ‘Fetch her a chair.’ The Harrovian fetches it. The Wykehamist sits in it. Winchester alumnus Rishi Sunak didn’t pull off quite such a dastardly move yesterday. No. He was … Read more

Budget Spring 2021: Jeremy Corbyn accuses Rishi Sunak of stealing John McDonnell’s economic policies

Jeremy Corbyn has accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for his radical Budget. The former Labour leader said many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to the North, were policy proposals in Labour’s 2019 manifesto. Mr Corbyn, … Read more

Budget Spring 2021: Jeremy Corbyn accuses Rishi Sunak of stealing John McDonnell’s economic policies

Jeremy Corbyn has accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for his radical Budget. The former Labour leader said many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to the North, were policy proposals in Labour’s 2019 manifesto. Mr Corbyn, … Read more

Rishi Sunak’s sleepless nights as he fights to control Britain’s debt 

Judging by the bags under Rishi Sunak’s eyes there is much keeping the Chancellor awake at night, and nothing more so than the mammoth UK debt pile. Sunak has had no option but to open the taps during the pandemic and while there is still much more spending to come, he has made it clear … Read more

The giveaway goes on! Families rejoice at Rishi Sunak’s Budget

Stamp duty holiday Estate agents are gearing up for a second housing mini-boom after the Chancellor extended the stamp duty holiday until the end of June. It means an extra 300,000 home buyers could benefit from the break. House hunters swarmed property websites within minutes of the announcement, suggesting the market may once again go … Read more