Budget 2021: FTSE 100 rises 0.9% as Rishi Sunak Covid response plan is announced

London markets cheer on Chancellor’s budget: FTSE closes up 0.9% or 62 to 6,675 points after Rishi Sunak unveils more big spending to boost Covid-hit economy FTSE 100 index of UK’s leading companies up 0.93% or 61 points at 6,675 today However it had been up further in early trading in London at 6,703 this … Read more

UK’s £2.8TRILLION debt mountain amid grim figures

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

UK’s tax burden is set to hit highest level since 1960s as Rishi Sunak raises billions

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

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

Fears of lockdown THREE as Rishi extends furlough AGAIN: Workers will carry on getting 80% of wages until end of September – with businesses expected to contribute from July – and self-employed grants will continue Chancellor Rishi Sunak today confirmed that furlough will continue to October Scheme will not change for employees but employers will … Read more

Budget 2021: Rishi Sunak freezes alcohol and fuel tax in boost for Covid-weary UK

Cheers to that! Rishi Sunak freezes booze tax for a second year in a row in a boost for Covid-weary Brits and also keeps fuel duty frozen for the tenth successive year Increases in duty on beer, cider, wine and spirits  axed for second year in a row  Tax on a tankful of fuel will … Read more

Budget 2021: FTSE 100 rises 0.8% as Rishi Sunak Covid response plan is announced

London markets cheer on Chancellor’s budget: FTSE rises 0.8% or 53 to 6,667 points as Rishi Sunak unveils more big spending to boost Covid-hit economy FTSE 100 index of UK’s leading companies up 0.8% or 53 points at 6,667 today However it had been up further in early trading in London at 6,703 this morning … Read more

Budget 2021: Rishi Sunak unveils £407bn Covid recovery plan for UK economy

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

Spring Budget 2021: Rishi Sunak faces Tory pressure over tax hike fears

Rishi Sunak faces Tory backlash over plans to mount ‘stealth’ raid on wealthy pensioners as well as hiking corporation tax at next week’s Budget Chancellor Rishi Sunak is due to unveil his eagerly-awaited Budget on March 3 It was claimed today Mr Sunak could freeze the lifetime allowance on pensions He is also said to … Read more

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