Article 5EV75 Budget 2021: Rishi Sunak to pledge more government firepower to save jobs and businesses

Budget 2021: Rishi Sunak to pledge more government firepower to save jobs and businesses

by
Larry Elliott Economics editor
from Economics | The Guardian on (#5EV75)

But chancellor will tell MPs that historic tax and spending support will end as soon as UK plc emerges from Covid crisis

Rishi Sunak will use tomorrow's budget to signal that the government's unprecedented and continuing support for jobs and businesses must end once the economy has emerged from the Covid-19 pandemic.

The chancellor will pledge to use all the tax and spending firepower at the government's disposal to limit joblessness and business failures as the UK gradually lifts the restrictions that have left the economy almost 10% smaller than it was a year ago.

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