BBC News

Covid: Economic recovery will take a long time, Sunak warns @BBC News live 🔴 BBC

Subscribe and 🔔 to OFFICIAL BBC YouTube 👉
Stream original BBC programmes FIRST on BBC iPlayer 👉 🔘 Subscribe and 🔔 @BBC News 👉
🔘 Stream BBC News live on BBC iPlayer 🔴
🔘 Coronavirus / Covid-19 👉
🔘 Follow BBC News live updates here 👉 What did we learn from the chancellor's press conference? Rishi Sunak's media briefing came after his Budget speech today. He began by saying he wants to be "honest about the problems we face", and said and it will take "a long time" to recover from the coronavirus pandemic. He repeated the headline policies from the Budget: Continued support for the economy during the pandemic: the furlough scheme, help for the self-employed, business rates relief, and other grants for business A freeze in the income tax standard and higher rate thresholds, and, from 2023, a corporation tax increase to 25% Investment in infrastructure and skills, across the UK In response to questions from journalists, Mr Sunak said: He thought the government has a responsibility to control public borrowing after the time He promised that no one's current take home pay will be affected by the freezing of the income tax thresholds Despite the proposed increase, the UK's corporation tax will be lower than in many of its competitors. Mr Sunak insisted the government was "on the side of businesses" but said the pandemic had made some tax rises necessary The Budget is intended to allow for flexibility in the government's roadmap for leaving lockdown in England Watch the next briefing live on BBC iPlayer 👉 Follow the story 👉 Covid-19 update UK today, Rishi Sunak. With BSL signing. Coronavirus: Government Downing Street briefings | BBC News | BBC #BBC #BBCiPlayer #BBCNews #BBCCoronavirus #Coronavirus #Covid-19 #CoronavirusOutbreak #Corona #CoronavirusUK #borisjohnsonspeechonuklockdowntoday All our TV channels and S4C are available to watch live through BBC iPlayer, although some programmes may not be available to stream online due to rights. If you would like to read more on what types of programmes are available to watch live, check the 'Are all programmes that are broadcast available on BBC iPlayer?' FAQ 👉

Related Articles

Back to top button