Latest News & Events
Chancellor unveils £330 billion support package for coronavirus pandemic March 18, 2020
Chancellor Rishi Sunak has unveiled a £330 billion package of support for the UK economy as it combats the coronavirus pandemic. The measures dwarf the £12 billion made available in the 2020 Budget, but the Chancellor promised to go further if necessary. The package includes an increase in government-backed loans, higher cash grants, widened business
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Chancellor delivers Budget to meet ‘challenging times’ March 12, 2020
Chancellor Rishi Sunak delivered his first Budget, and the first since the UK’s departure from the European Union, against the backdrop of the coronavirus outbreak. The Chancellor announced a £30 billion stimulus package to support the economy through coronavirus contagion and pledged to give the NHS whatever extra resources are needed to cope. Following the
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2020 Budget – the economic picture March 12, 2020
Within his Budget speech, Chancellor Rishi Sunak unveiled extra funds to support UK workers and businesses affected by the outbreak of the coronavirus, and additional funds to help the NHS combat the virus. The Chancellor warned that the spread of the coronavirus will have a ‘significant impact’ on the UK economy in the coming months.
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2020 Budget – the political reaction March 12, 2020
Addressing the House of Commons, Chancellor Rishi Sunak stated that the 2020 Budget was one that ‘delivers on our promises to the British people’. However, Labour Party leader Jeremy Corbyn lambasted the 2020 Budget as one that was ‘billed as a turning point, a chance to deliver, in particular on the promises made to working
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2020 Budget – the business reaction March 12, 2020
Business groups have responded to Chancellor Rishi Sunak’s 2020 Budget speech. The Federation of Small Businesses (FSB) welcomed the measures outlined in the Budget, labelling it a ‘pro-small business Budget’ which ‘delivered on Conservative manifesto promises and emergency steps to support firms through the coronavirus outbreak’. Mike Cherry, National Chairman of the FSB, added: ‘The
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