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🚨 At the @G7 in London today, my finance counterparts and I have come to a historic agreement on global tax reform requiring the largest multinational tech giants to pay their fair share of tax in the UK.
👇The thread below explains exactly what this means. #G7UK
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1.3 million fewer employees accessed the furlough scheme in March and April according to data published today that shows our focus on jobs continues to pay off 👇 #PlanForJobs
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UK membership could cut tariffs in vital UK industries like food and drink and the automotive sector.
This creates new opportunities and jobs in areas like digital, data, and services. twitter.com/trussliz/statu…
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At #Budget2021 I promised to double the funding to help businesses take on new apprentices.
Today we deliver on that promise and businesses can now claim £3000 for each new apprentice they hire. It’s another important part of our #PlanForJobs.
More: gov.uk/government/new…
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Our Plan for Jobs is working – following the comprehensive package we put in place, almost 2 million fewer people are expected to be out of work than initially forecast, and the UK economy is in a strong position to grow quickly as we emerge from the pandemic.
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In an incredibly tough year @AnnelieseDodds has been a thoughtful and constructive Shadow Chancellor, I wish her all the best.
Congratulations @RachelReevesMP on your appointment. I look forward to working together to ensure our #PlanForJobs continues to help the country recover
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Great to be out campaigning in Hartlepool with @BenHouchen and @Jill4Hartlepool on Friday.
They’ve got a plan to deliver for their local area so be sure to get out and vote for them on Thursday 🗳
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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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More than 195,000 jobs are now approved through the Kickstart Scheme nationwide with over 260 people starting a Kickstart job every day for the last six weeks.
These figures are set to increase even more as we unlock key sectors kickstart.campaign.gov.uk 👈 thesun.co.uk/news/14774485/…
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Every new homeowner and mover supports jobs right across the housing sector, but saving for a big enough deposit can be hard, especially for first time buyers.
It's great that our 95% mortgage guarantee launches today, available across the country. Watch below to find out more.
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Britcoin? #UKFW21 twitter.com/hmtreasury/sta…
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For your humour and positivity, your years of military service, for all the young people you inspired and for the dedication to your duty, the whole nation thanks you. twitter.com/RoyalFamily/st…
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We’ve never tried this before in our country.
Starting today and worth £25 billion during the two-years it is in place this will be the biggest business tax cut in modern British history.
Learn more about the Super Deduction below 👇
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🤝@trussliz has just announced four major new trade & investment hubs in Belfast, Cardiff, Darlington and Edinburgh.
Government-led research shows exports support 6.5m jobs across the UK, 74% of which are outside London.
Read more here: gov.uk/government/new…
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An important moment is upon us. A moment of challenge and of change.
Of difficulties, yes, but of possibilities too.
This is a Budget that meets that moment. '👇
twitter.com/i/moments/1367…
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New Freeports will encourage free trade and reinforce our position as an outward-looking, trading nation, open to the world. #Budget2021
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We’re launching a new Future Fund Breakthrough to help fill the scale-up funding gap. #Budget2021
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New visa reforms aimed at highly skilled migrants, including:
👉 A new unsponsored points-based visa to attract the best and most promising international talent in science, research and tech.
👉 New, improved visa processes for scale-ups and entrepreneurs #Budget2021
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Help to Grow: Management will help thousands of SMEs get world-class management training.
Help to Grow: Digital will help them develop digital skills with free expert training and a 50% discount on new productivity-enhancing software
Register now: gov.uk/helptogrow
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The planned increase in fuel duty is also cancelled. #Budget2021
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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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The Super Deduction makes our tax regime for business investment truly world-leading, lifting us from 30th in the OECD, to 1st.
For the next two years, we’re allowing businesses to claim 130% of their new machinery cost as a tax cut #Budget2021
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In 2023 the rate of corporation tax, paid on company profits, will increase to 25%. Even after this change we’ll still have the lowest corporation tax rate in the G7.
We’ll also protect small businesses so only 10% of companies will pay the full higher rate #Budget2021
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We’ll also tackle fraud in our COVID schemes, with £100m to set up a new Taxpayer Protection Taskforce of around 1,000 investigators. #Budget2021
Prime Minister of the United Kingdom 🇬🇧
@Conservatives leader.
MP for Richmond (Yorks).