With the budget deficit spiralling, how will Chancellor Rishi Sunak start to refill government coffers? Here, Jon Yarker speaks to some experts about what we might expect from this year's Budget...
It is now just over a year since Rishi Sunak became a household name after being appointed chancellor Sajid Javid's replacement just weeks before his first Budget on 11 March of last year. Known as the ‘Covid budget', Sunak's first speech came at an uncertain time with the UK's first national lockdown fast approaching. Fast forward 12 months and the uncertainty persists. Unprecedented damage has been inflicted on the UK economy and the budget deficit is on track to hit £400bn by March 2021. At the same time, GDP shrank by 9.9% and over 800,000 people have lost their jobs. Therefore, ...
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