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Devon and Cornwall react to the Budget 2021 after Rishi Sunak s announcement - updates
The Chancellor has announced a number of policies
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Residents and business owners across Devon and Cornwall listened carefully to Rishi Sunak s Budget for 2021 and are reacting to his announcements.
The plans unveiled by the Chancellor include an extension to the furlough scheme and the 5% reduced rate of VAT for the tourism and hospitality sector which will continue for another six months to the end of September, with an interim rate of 12.5% for another six months after that.
Mr Sunak also confirmed that all alcohol duties will be frozen for the second year in a row and the planned increase in fuel duty has also been cancelled.