The key points from the 2021 Budget | Press and Journal pressandjournal.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressandjournal.co.uk Daily Mail and Mail on Sunday newspapers.
Rishi Sunak faced fury from charities, MPs and care groups today after failing to provide any extra help for hospitals, care homes or medical research.
Care home bosses accused the Chancellor of betraying elderly residents, claiming he had once again ignored the cash-strapped sector which has been ravaged by Covid.
Boris Johnson originally promised to reform social care when he first became Prime Minister in 2019, but the plans have been delayed again until the end of this year.
NHS officials also criticised the budget, describing it as disappointing and light on announcements for hospitals, which are grappling with record-waiting lists caused by the Covid backlog.
Budget comes under fire for lack of green focus | Eastern Daily Press edp24.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edp24.co.uk Daily Mail and Mail on Sunday newspapers.
UK Budget Includes Support for Tech, Special Economic Zones and More. Government Seeks to Attract Scientific Superstars
Earlier today,
Chancellor of the Exchequer Rishi Sunak presented the budget for 2021. Obviously, the government policy on spending comes at a difficult time as COVID-19 is still very much with us yet glimmers of relief are showing as the vaccine takes hold. The Chancellor noted that:
“Since March, over 700,000 people have lost their jobs. Our economy has shrunk by 10% – the largest fall in over 300 years. Our borrowing is the highest it has been outside of wartime.”
All in all, rather gloomy but the Chancellor assured us that the UK will recover while reiterating his ongoing commitment to protecting jobs and supporting the populace. Expectations are for the economy to return to pre-pandemic levels by mid-2022, six months earlier than previously anticipated.
Indian industry welcomes Rishi Sunak s Budget, plan for new special visa
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Last Updated: Mar 03, 2021, 11:47 PM IST
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Besides the measures put in place to help businesses with grants and loans, the minister s announcement of consultations related to the visa regime were also hailed as a step in the right direction by both the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Confederation of Indian Industry (CII).
Agencies
The Budget, which marks Sunak s first since the pandemic hit last year, has largely received positive industry reactions for its support initiatives but the Confederation of British Industry (CBI) struck a note of concern for the future.