UK Chancellor Rishi Sunak has delivered his Autumn Budget, focusing his announcements on plans to rebuild the economy post-Covid against a backdrop of growing pressures on businesses and families stemming from rising inflation.
With growth this year revised to 6.5% from 4% previously, the Chancellor boosted his spending plans for transport, health and education, while extending tax reliefs and support to the sectors most affected by the Covid-19 crisis. He also unveiled new measures to support families amid growing concerns around living costs, alongside reforms to alcohol, tonnage and R&D tax systems.
Continue reading: UK: View on Autumn Budget and Spending Review 2021
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