Chancellor Rishi Sunak has announced a long list of measures in today s Budget that will have an impact on house buying, jobs and businesses across the south west. Here is everything you need to know about its impact on Covid-19 measures, jobs, investment and livelihoods and how it will affect you.
1. Covid-19 An extra £1.65 billion cash injection to the Covid-19 vaccination roll-out in England. £28 million to increase the UK’s capacity for vaccine testing, support for clinical trials and improve the UK’s ability to rapidly acquire samples of new variants of COVID-19. £22 million for a study to test the effectiveness of combinations of different Covid-19 vaccines. This will also fund the world’s first study assessing the effectiveness of a third dose of vaccine to improve the response against current and future variants of COVID-19.
Builders Merchants News - Budget 2021: What it means for the industry
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Oldham News | Main News | MPs say Chancellor s Budget fails to deliver for the people of Oldham
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The Budget in full - what Chancellor Rishi Sunak said
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Chancellor Rishi Sunak set out his ambitious financial plan in the House of Commons today, Wednesday. The Conservatives say at the heart of the Budget are measures to build the future economy, levelling up across all regions of the UK and spreading opportunity everywhere.
The Budget confirmed: -An extension of the Coronavirus Job Retention Scheme until the end of September, ensuring it continues to support employers as they begin to reopen. Two further grants will also be available to self-employed people – and the newly self-employed will also be eligible for both grants. -A continuation of the temporary Universal Credit uplift for a further six months. The Budget also confirms new support for providing young people with new skills: including doubling the incentive payment to SMEs to take on apprentices of any age to £3,000, and £126 million to triple the number of traineeships next year.