Coronavirus Latest News
Budget 2021: Sunak softens universal credit cuts to tackle squeeze on families
Chancellor announces measures to help households, with lower alcohol and fuel duties
- Sunak handed extra £51bn after growth forecasts are upgraded
- Analysis: Sunak offers spending now – and signals tax cuts later
- Budget 2021: key points at a glance
- Read all our budget coverage
Rishi Sunak has bowed to intense pressure by partly reversing universal credit cuts as he announced measures in the budget to deal with a squeeze on households this winter, with lower alcohol and fuel duties.
In a budget statement aiming to move on from the coronavirus pandemic, the chancellor said he would introduce reforms to universal credit worth more than £2bn, to soften the blow from the biggest ever overnight cut in benefits.
Read the original article at The Guardian