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2021 Budget - the political reaction

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03 Mar 2021

Addressing the House of Commons, Chancellor Rishi Sunak used the 2021 Budget to 'do whatever it takes' to financially support people and business as the UK recovers from the coronavirus (COVID-19) pandemic.

However, Labour Party leader Keir Starmer stated that the Chancellor delivered a Budget that merely 'papered over the cracks rather than rebuilding the foundation'.

He said: 'After the decisions of the last year and the decade of neglect, we needed a Budget to fix our economy, to reward our key workers, to protect the NHS and to build a more secure and prosperous economy for the future.'

Mr Starmer said that the Budget 'won't look so good for the millions of key workers who are having their pay frozen and for the businesses swamped by debt'.

Responding to the Budget, Ed Davey, leader of the Liberal Democrats, said that the 'knee-jerk reaction of extending furlough is not enough to help struggling small businesses'.

Meanwhile, the Green Party stated that the pandemic has 'left the government with a clear choice: continue business as usual, or use the financial and monetary levers available to fund a green recovery'.

Latest news stories

16 Apr 2021

Recent changes to IR35 'undermine the self-employed', says IPSE

The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to off-payroll workers, commonly known as IR35, 'undermine the self-employed at the worst possible time'.

15 Apr 2021

FSB urges government to provide greater support for UK exports

The Federation of Small Businesses (FSB) has urged the government to act in order to support small businesses exporting to the EU.

14 Apr 2021

HMRC contacting claimants for fourth self-employed grant

HMRC has confirmed it will be contacting potential claimants for the fourth Self-employment Income Support Scheme (SEISS) grant this month.

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