Budget 2021: What time is Rishi Sunak’s press briefing today, Wednesday, March 3?

RISHI SUNAK will give a press conference at 5pm following his speech at the House of Commons.

The Chancellor insisted ‘we will recover’ as he revealed the details of the 2021 Budget during today’s announcement.

🔵 Read our Budget 2021 live blog for the latest news & updates

PA:Press Association

Rishi Sunak addressed the nation from the House of Commons[/caption]

What did Rishi Sunak say in the Budget?

The Chancellor provided updates on furlough, Universal Credit and stamp duty as he made his statement to MPs in the House of Commons.

Mr Sunak confirmed that the furlough scheme will be extended until the end of September.

He revealed extra help for 600,000 self-employed Brits that have not received support from the Government.

A £20-per-week Universal Credit uplift in payments will be extended for another six months.

Thousands more people will be brought into the self-employment help schemes

A fourth self-employed grant of up to £7,500 and a fifth one will come over the summer

Fuel duty will be frozen in a huge win for The Sun’s Keep It Down campaign.

The UK’s Covid vaccine rollout will receive a £1.65 billion boost.

VAT cut will be extended for another six months and will go up to 12% for another six months after that.

The National Living Wage will rise to £8.91 from £8.72 per hour from April.

A whopping £2.8million will be pledged for Britain’s bid to host the 2030 World Cup.

PA:Press Association

Mr Sunak unveiled a £5billion rescue package for high streets[/caption]

The Stamp Duty Holiday has also been extended for another three months.

First-time buyers will now have access to 95 per cent loans thanks to a new mortgage guarantee scheme.

But Brits will no longer benefit from planned increases to the amount that can be earned tax-free.

The price of a pint will be be frozen as he has decided to freeze tax on alcohol for the second year in a row.

Brits can get up to £1million as part of a £150million fund to rescue pubs and football clubs from closure

Shops, bars, clubs, hotels, restaurants, gyms and hair salons will be offered £5billion of additional grants.

Following his speech at the House of Commons, Mr Sunak will give a press conference at 5pm.

Mr Sunak will take questions from members of the public, and the press

 

Link

(Visited 45 times, 1 visits today)

Leave a Reply