Summary

Herefordshire reacts to the Budget 2021

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  • Rishi Sunak will unveil the UK Government’s spending plan in the 2021 Budget today.
  • In the annual statement, the Chancellor is expected to reveal his plans to help the country’s economy recover from the unprecedented financial impact of the coronavirus health crisis.
  • Mr Sunak is expected to deliver his Budget afterwards, so he will be speaking shortly after 12:30pm
  • The chancellor will then hold a press conference following his announcement, which will take place at 5pm on Wednesday.
  • Rishi Sunak is set to announce an extension to the furlough scheme, with employers asked to contribute to workers’ salaries from July.
  • Employees will continue to receive 80% of their salary for hours not worked until the scheme ends.

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