![]() |
Great to see the Furlough extended, such a relief to anyone on it
|
Sunak is now Live.
ITV1HD SkyNewsHD BBC2HD LBC Times Radio DAB |
Furlough extended
to the end of Sept. |
|
|
|
|
|
[12:53 Chancellor confirms government
guarantee for 95% mortgages Rishi Sunak says 95% mortgages will be guaranteed by the government as part of government plans to turn "generation rent into generation buy". "I’m pleased to say that several of the country’s largest lenders including Lloyds, NatWest, Santander, Barclays and HSBC will be offering these 95% mortgages from next month, and I know more, including Virgin Money will follow shortly after," the chancellor says.] ["A policy that gives people who can’t afford a big deposit the chance to buy their own home."] |
12:58[Chancellor says it will take decades
to pay back COVID borrowing "The amount we’ve borrowed is only comparable with the amount we borrowed during the two world wars," Rishi Sunak explains. "It is going to be the work of many governments, over many decades, to pay it back. "Just as it would be irresponsible to withdraw support too soon, it would also be irresponsible to allow our future borrowing and debt to rise unchecked. When crises come, we need to be able to act. "And we need the fiscal freedom to act. A freedom that you only have if you start with public finances in a good place."] |
[Corporation tax will increase to 25% in 2023,
Rishi Sunak announces "This new higher rate won’t take effect until April 2023, well after the point when the OBR expect the economy to have recovered," the chancellor explains. "And even then, because corporation tax is only charged on profits, any struggling businesses will, by definition, be unaffected. "Second, I’m protecting small businesses with profits of £50,000 or less, by creating a Small Profits Rate, maintained at the current rate of 19%. "This means around 70% of companies – 1.4 million businesses - will be completely unaffected."] |
[For the next two years, when companies invest,
they can reduce their tax bill by 130% in a super deduction, Rishi Sunak announces "Under the existing rules, a construction firm buying £10m of new equipment could reduce their taxable income, in the year they invest, by £2.6m. With the Super Deduction, they can now reduce it by £13 million. We’ve never tried this before in our country," the chancellor says. "The OBR have said it will boost business investment by 10%; around £20bn higher per year. "It makes our tax regime for business investment truly world-leading, lifting us from 30th in the OECD, to 1st. And, worth £25bn during the two-years it is in place. "This will be the biggest business tax cut in modern British history."] |
Parmy :
[Planned increases in duties for spirits, wine, cider and beer will be cancelled, with all alcohol duties frozen for a second year in a row, Rishi Sunak tells MPs Fuel duty will also be frozen, the chancellor announces.] |
|
Rishi Sunak announces 'Help To Grow'
["We're going to help small businesses develop digital skills by giving them free expert training and a 50% discount on new productivity-enhancing software, worth up to £5,000 each," the chancellor says.] [Rishi Sunak says there will be visa reforms aimed at highly skilled migrants, including an unsponsored points-based visa for talent in science, research and tech, with new improved visa processes for entrepreneurs A further £1.6bn in funding will be provided to continue rollout of coronavirus vaccines and improve future preparedness, Rishi Sunak confirms] [A further £1.6bn in funding will be provided to continue rollout of coronavirus vaccines and improve future preparedness, Rishi Sunak confirms] |
[Rishi Sunak announces eight freeports
The chancellor says these are "special economic zones with different rules to make it easier and cheaper to do business". ["Our Freeports will have: Simpler planning – to allow businesses to build; Infrastructure funding – to improve transport links; Cheaper customs – with favourable tariffs, VAT or duties; And lower taxes – with tax breaks to encourage construction, private investment and job creation," Mr Sunak says. The eight freeports are: East Midlands Airport, Felixstowe and Harwich, Humber, Liverpool City Region, Plymouth, Solent, Thames and Teesside.] https://news.sky.com/story/budget-20...hnson-12234436 |
The Labour leader
just said they BLOCKED the Circuit Breaker? "The" That was a Labour Choice, Keirs Circuit Breaker idea Never a Government plan.............. |
|
|
|
5PM Sunak
Live 10 Downing St. |
I swear am starting to get a crush on bloody Rishi.. :blush2:
|
Quote:
Yes many are the same. |
|
Rishi is Live On his Own.
His 3 Part Plan, Not on BBC1HD SkyNewsHD LBC Radio 5 BBCnewsHD with Sign Language fella |
All times are GMT. The time now is 10:38 PM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by
Advanced User Tagging (Pro) -
vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.