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Rishi Sunak tells the audience in Darlington how he cut business rates to protect small businesses and how, as PM, he would continue to support them.
Sign up: Ready4Rishi.com #Ready4Rishi
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Watch #Budget2021 live now pscp.tv/w/cw4nijFQbUtx…
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The UK is already one of the world’s biggest exporters of services, with remotely delivered services exports worth £207 bn in 2019 alone.
This ambitious new digital trade agreement could remove barriers to digital trade and enable UK exporters to expand into high-tech markets. twitter.com/biztradegovuk/…
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We launched Bounce Back Loans just over 3 weeks ago.
Since then over 600,000 small businesses have received loans worth over £18bn with an approval rate of 79%.
Links to all the lenders: linktr.ee/rishisunak twitter.com/hmtreasury/sta…
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I want to ensure that no viable business slips through our safety net of support as we help protect jobs and the economy.
That is why we’ve expanded the Coronavirus Large Business Interruption Loans Scheme ahead of its launch on Monday. gov.uk/government/new…
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At the last Election we promised 20,000 police officers. We are the Party of public services and in today’s budget, we deliver on this promise. #Budget2020
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From July, people will be able to earn £12,570 a year without paying any income tax or National Insurance.
It’s a £6bn personal tax cut for 30 million people in the UK.
It’s worth over £330 a year and is the largest increase in a basic rate threshold – ever.👇
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The planned increases in duties for spirits like Scotch whisky, wine, cider and beer, will all be cancelled. #Budget2021
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Support for the self-employed will continue with a 4th grant covering February to April, and a 5th grant from May.
As the tax return deadline has now passed, 600,000 more people, many of whom became self-employed last year, can now claim the 4th and 5th grants. #Budget2021
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Our support schemes continue to deliver for people and businesses up and down the country. The latest figures show:
📊 Over 600,000 Bounce Back loans for small business
🏭 More than 8 million jobs protected with CJRS
✅ 43,000 interruption loan approvals
gov.uk/government/col…
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I will increase investment in research and development to £22bn a year.
That is the fastest and the largest increase in R&D ever💡#Budget2020
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Launching today, ‘Breathing Space’ will give those facing financial difficulties space to receive debt advice, or mental health crisis treatment, without pressure from creditors or mounting debts.
Watch below 👇
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Parents returning from leave will still be able to receive the financial assistance they and their family need as we transition to flexible furloughing.
Read more here: gov.uk/government/new…
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2/ The Kickstart Scheme will directly pay employers to create new jobs for any 16-24 year old at risk of long-term unemployment.
We will pay young people’s wages for six months, plus an amount to cover overheads. That means, for a 24-year-old, the grant will be around £6,500.
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Our start-ups and innovative firms are one of our great economic strengths.
Today we're launching the Future Fund providing convertible loans to innovative companies facing financing difficulties due to the coronavirus outbreak.
Read more and apply: uk-futurefund.co.uk/s/
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Two weeks ago we announced new cost of living support measures.
Now, a single mother on universal credit, working full-time on the NLW gets an extra £2,500 this year to help with rising costs.
gov.uk/government/pub…
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The recent storms have had a devastating impact on families & businesses across the country - which is why we’re doing everything we can to support them. This extra funding will help those hit hardest get back on their feet gov.uk/government/new…
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2/ The government will pay self-employed people, who have been adversely affected by the coronavirus, a taxable grant worth 80% of their average monthly profits over the last 3 years, up to £2,500 per month.
Open for at least 3 months across the UK, I will extend if necessary.
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Rishi Sunak tells #BBCOurNextPM that China is a threat to our national security.
As Chancellor, he helped pass the National Security & Investment Bill which gives us powers to block investments which are not consistent with our values.
#Ready4Rishi Ready4Rishi.com
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I’m proud to say that around three quarters of the total cost of living support will go to vulnerable households.
Read more about today's announcements: gov.uk/government/new…
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Over 32,000 restaurants have registered for Eat Out to Help Out. Registration closes end of August, tag your three favourites to encourage them to sign up too.
Here are mine: 1. @bluelioninn 2. @CambiodTercio 3. The Golden Lion facebook.com/thegoldenliono…
gov.uk/guidance/regis…
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What is SWIFT?
How have we targeted the Russian economy?
Why is it working?
Below I explain our new financial sanctions on Putin's regime 👇
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