2021 Budget – the political reaction | WDM

Twitter
Follow us on Twitter
MENU
4
March

2021 Budget – the political reaction

Addressing the House of Commons, Chancellor Rishi Sunak used the 2021 Budget to ‘do whatever it takes’ to financially support people and business as the UK recovers from the coronavirus (COVID-19) pandemic.

However, Labour Party leader Keir Starmer stated that the Chancellor delivered a Budget that merely ‘papered over the cracks rather than rebuilding the foundation’.

He said: ‘After the decisions of the last year and the decade of neglect, we needed a Budget to fix our economy, to reward our key workers, to protect the NHS and to build a more secure and prosperous economy for the future.’

Mr Starmer said that the Budget ‘won’t look so good for the millions of key workers who are having their pay frozen and for the businesses swamped by debt’.

Responding to the Budget, Ed Davey, leader of the Liberal Democrats, said that the ‘knee-jerk reaction of extending furlough is not enough to help struggling small businesses’.

Meanwhile, the Green Party stated that the pandemic has ‘left the government with a clear choice: continue business as usual, or use the financial and monetary levers available to fund a green recovery’.

7 Questions you must ask an accountant
How To Grow your business by 46.4% - Special Free Whitepaper
To get the free whitepaper, simply enter your name and e-mail address below and click the Get FREE Whitepaper button. You will receive an email shortly with your FREE Whitepaper pdf from our team...

Fields marked with an * are required

By submitting this form you agree to receive information via email newsletters about products and services from WDMCA which we think may interest you. You can opt out of receiving these newsletters by clicking the unsubscribe link in newsletters we send.

Download our FREE iPhone app

Testimonials

From the opening of our store to the eventual sale of four stores seventeen years later, WDM have provided invaluable assistance all the way along. They are more than just an accountant to us and we couldn't speak highly enough of them.

Pat McKenna - McDonalds Franchisee
Sign up to our newsletter
Oakfield House, 378 Brandon Street, Motherwell ML1 1XA        t: 01698 250 251        f: 01698 250 261