#Budget2021 for pubs and brewers in the short term securing over £1.5 billion in support, including a beer duty freeze.
01.03.2021 - 20:53 / manchestereveningnews.co.uk
2017 RICS benchmarking figures put the national average rent on pubs at £37,691 - nearly twice Sunak's top estimate. Many have voiced concern that any support for hospitality that will be announced at Wednesday's budget could be based on these figures, which are described as being 'fundamentally wrong'.It could mean that pubs and restaurants would not receive - and have not received so far - the sums they need to survive through the coming months of restrictions and closures.
#Budget2021 for pubs and brewers in the short term securing over £1.5 billion in support, including a beer duty freeze.
Bolton's high street and business centre, which has seen decline in recent years. Bolton North East MP Mark Logan said the financial commitment shows 'the Conservatives are serious about levelling-up'.The Tory MP shared the news on his Facebook page saying: "Rishi’s £23 MILLION for Bolton."That’s right...
direct to your inboxAs part of today's new budget announcement, chancellor Rishi Sunak updated the UK on duty tax on both alcohol and fuel.Many people had expected the cost of alcohol and fuel to rise after the Budget.However, Rishi has now announced that all alcohol duties will be frozen - news which will be welcomed by millions of people in the UK.The Chancellor also announced that "the planned increase in fuel duty is also cancelled."Rishi Sunak told MPs: “I can confirm that the planned
Rishi Sunak has outlined his Budget to MPs in the Commons on Wednesday as the government seeks to recover from the huge financial cost of the pandemic.The Chancellor said it has fundamentally altered our way of lives and the Budget was intended to be a three-part plan to protect jobs and livelihoods of British people.The Covid-19 support package amounts to £352 billion of support.He said: "Coronavirus has caused one of the largest, most comprehensive and sustained economic shocks this country
direct to your inboxRishi Sunak has announced the reduced rate of VAT will be extended amid the fallout from the pandemic.It comes part of a number of measures unveiled in the government's spending plan in the 2021 Budget on Wednesday.The Chancellor said the five per cent reduced rate of VAT will be extended for six months to September 30.However the standard rate of 20 per cent won't return until April 2022.Mr Sunak told MPs: “Even then, we won’t go straight back to the 20 per cent rate.“We’ll
contactless card payment limit will rise from £45 to £100 from Wednesday, March 3 in an effort to boost the retail sector and help protect jobs.However, shoppers may not be able to take advantage of the increased limit until firms make changes to their systems.The changes have been set out in Wednesday's Budget and will see the legal single contactless payment limit more than double.
direct to your inboxRishi Sunak will unveil the 2021 Budget today.The Chancellor will set out the UK government's spending plan in his annual statement. Last night, it was revealed he would be revealing an extension to the furlough scheme until the end of September.
direct to your inboxThe Chancellor is set to extend the furlough scheme when he unveils the 2021 Budget on Wednesday afternoon.Rishi Sunak is expected to announce that the Coronavirus Job Retention Scheme will remain in place until September - two months later than its most recent end date.But the government's contribution will be reduced from July with employers asked to pay in alongside the taxpayer for the cost of furloughed employees.The scheme, has protected more than 11 million jobs since
Joe Biden rather than repeat the "failures of the past" ahead of setting out the Budget.Ian Blackford said he fears "more of the same" from the Chancellor after a decade of austerity under Conservative governments.And the SNP Westminster leader insisted the UK should look towards the response of President Biden after the House of Representatives passed a 1.9 trillion dollars Covid relief bill.Blackford said: "I think what the Covid pandemic has shown is the basic inequalities that exist in the
coronavirus vaccine roll out will receive a £1.65 billion boost to help it meet the target of offering a dose to every adult by July 31.
direct to your inbox The issue of vaccine passports is one which is beset with complex moral and legal considerations, but it could pave the way out of the coronavirus pandemic and for more normal life to return.