Budget, Tax and Economy
Exclusive: The 4% hit to economic output envisaged by the UK’s fiscal watchdog could cost £84.5bn, Labour and Commons library research suggests.
Some companies will have to move operations to the EU due to trade barriers, Office for Budget Responsibility says.
Furlough, Universal Credit, tax rises – here are the key announcements from the chancellor's speech.
But Rishi Sunak's announcement falls short of demands by MPs for the benefit not to be cut for at least a year.
Following PMQs, the chancellor Rishi Sunak gives his budget for 2021 which will lay out support for the economy and people following the year's pandemic and lockdown effects. The chancellor is expected to extend furlough schemes and support for businesses but questions remain about how the country will pay for the support packages rolled out during 2020.
Chancellor does not rule out tax rises.
Ex-Treasury special adviser Sonia Khan tells HuffPost UK that delaying tax rises to the autumn risks “galvanising” low tax Tories.
Anger as new staff employed after October 30 are excluded from financial support.
This is what the chancellor's announcements mean for pay, jobs and spending.
The south London authority has effectively declared bankruptcy after "running up £1.5bn in debt", but others could soon follow.