Budget, Tax and Economy

Brexit Could Cost Every UK Household £3,600 Each, New Analysis Suggests

Exclusive: The 4% hit to economic output envisaged by the UK’s fiscal watchdog could cost £84.5bn, Labour and Commons library research suggests.
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Budget 2021: Boris Johnson’s Brexit Deal Will Shrink UK Economy By 4%, Watchdog Says

Some companies will have to move operations to the EU due to trade barriers, Office for Budget Responsibility says.
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Rishi Sunak's Budget Explained In Two Minutes

Furlough, Universal Credit, tax rises – here are the key announcements from the chancellor's speech.
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Universal Credit £20 A Week Increase Extended For Six Months

But Rishi Sunak's announcement falls short of demands by MPs for the benefit not to be cut for at least a year.
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Watch Live: Rishi Sunak Delivers The 2021 Budget

Following PMQs, the chancellor Rishi Sunak gives his budget for 2021 which will lay out support for the economy and people following the year's pandemic and lockdown effects. The chancellor is expected to extend furlough schemes and support for businesses but questions remain about how the country will pay for the support packages rolled out during 2020.
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Rishi Sunak Says 'More' Financial Support To Come In Budget

Chancellor does not rule out tax rises.
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Rishi Sunak ‘Risks Sparking ERG-Style Tory Rebellion’ If He Delays Tax Hikes

Ex-Treasury special adviser Sonia Khan tells HuffPost UK that delaying tax rises to the autumn risks “galvanising” low tax Tories.
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Firms Forced To Sack Workers As Government Leaves Them Out Of Furlough Scheme

Anger as new staff employed after October 30 are excluded from financial support.
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7 Key Takeaways From Rishi Sunak's Spending Review

This is what the chancellor's announcements mean for pay, jobs and spending.
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How The Covid-19 Pandemic Drove Croydon Council To Go Bust

The south London authority has effectively declared bankruptcy after "running up £1.5bn in debt", but others could soon follow.
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