Chancellor Rishi Sunak has set out an extra £65bn in COVID support for employees and businesses - but announced a freeze on income tax thresholds and a rise in corporation tax to help pay back the UK's rising debts.
In his 2021 Budget speech, Mr Sunak set out a three-part plan to "protect jobs and livelihoods of the British people".
But he warned that "corrective action" would be needed to tackle the UK's rising debt, as he set out how the government was now committed to spending £407bn on coronavirus support.
Read more on the Budget here:
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???? Key points: https://trib.al/xAprR7N
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In his 2021 Budget speech, Mr Sunak set out a three-part plan to "protect jobs and livelihoods of the British people".
But he warned that "corrective action" would be needed to tackle the UK's rising debt, as he set out how the government was now committed to spending £407bn on coronavirus support.
Read more on the Budget here:
???? Analysis: https://trib.al/qEayJqf
???? Key points: https://trib.al/xAprR7N
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
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