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Budget 2021

Budget 2021: Comment

Businesses have two-year window to invest before payback

Aileen Scott
AILEEN SCOTT says firms will have to move quickly to capitalise on the Chancellor's Budget incentives

Budget 2021: Business taxes

Big business bears brunt of corporation tax hike

WeWork
Small firms will escape the hit Corporation tax is to rise to 25% but only from April 2023 and only for big companies. Firms with profits over £250,000 will beRead More

Budget 2021: SMEs and retail

New grant scheme to aid business recovery

Sale shop retail
Aid: Help for business. The UK Government is to introduce a new Restart Grant next month as it bids to help businesses back onto their feet. Chancellor Rishi Sunak saidRead More

Budget 2021: Personal tax

Tax gulf widens for higher rate taxpayers

Income tax own pic
personal taxes here The income tax threshold for higher earners has widened between England and Scotland after Mr Sunak lifted the 40p rate to £50,270. Scottish Finance Secretary Kate ForbesRead More

Budget 2021: Economy and markets

Support schemes offer some cheer for markets

London and financial services
Market response was generally positive (pic: Terry Murden) Rishi Sunak said he wanted to level with the British public on the challenge facing the country and the economy as itRead More

Budget 2021: Scotland

Scotland benefits from UK’s ‘fiscal firepower’

Edinburgh Castle and Princes Street
Scotland receives £1.2 billion in consequentials (pic: Terry Murden) Scottish Secretary Alister Jack said the UK Government’s ‘fiscal firepower’ will continue to protect jobs and livelihoods right across the UnitedRead More

Budget 2021: Infrastructure

Freeports ‘will unlock private investment’

Port of Cromarty Firth
Port of Cromarty hopes to become a freeport The first eight freeports in England ‘unlocking billions in private investment’ have been named and the Chancellor said talks will take placeRead More

Budget 2021: Beer and spirits

Freeze on alcohol duty will warm the spirits

Beer and whisky
Cheers: Good news for pubs Pubs and bars severely hit by the pandemic received a welcome boost with the news that alcohol duty is to remain frozen for the secondRead More

Budget 2021 Live

Chancellor’s statement from the Commons

Chancellor-3-March-Budget
REFRESH PAGE FOR UPDATES 1.25pm: Mr Sunak ended his statement 1.23pm: Eight freeports to be set up in England, talks to take place with devolved administrations on further freeports. TheyRead More

More help offered

Budget to extend support lifeline for sole traders

closed business
Businesses hope soon to come out of hibernation (pic: Terry Murden) Sole traders will be offered further help in the Budget after months warning they are living on a knifeRead More