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HomePoliticsThe Budget 2021 LIVE – Rishi Sunak is set to reveal if furlough is extended and £5bn scheme to help high street recovery

The Budget 2021 LIVE – Rishi Sunak is set to reveal if furlough is extended and £5bn scheme to help high street recovery

The Budget 2021 LIVE – Rishi Sunak is set to reveal if furlough is extended and £5bn scheme to help high street recovery

A STAGGERING £5billion scheme for High Street shops and hospitality firms in England has been unveiled ahead of Wednesday’s Budget.

Rishi Sunak said the grants, worth £18,000 per firm, will help the businesses reopen post lockdown.

The Chancellor will reveal the country’s spending plan on Wednesday – the first since coronavirus‘ devastating impact on the economy became clear and the first since the Brexit transition period came to an end.

He will outline his plan to rescue the UK, spelling exactly what areas of British life will see a spending boom and the ways in which hardest-hit citizens will be supported by the Government.

The Budget is due to take place at around 12.30pm on Wednesday, once Prime Minster’s Questions ends in the House of Commons.

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