Rishi Sunak announced his Budget to the House of Commons this afternoon – revealing the government’s financial blueprint for recovery after one of the most tumultuous economic years on record.
Whilst the image of the Chancellor holding aloft the iconic red briefcase always attracts interest, the build-up to ‘Budget 2021’ had been accompanied by considerable buzz.
Many businesses have only been permitted to trade for a few months since COVID-19 first forced Britain into lockdown last March, whereas some sectors have remained closed entirely.
With an ‘irreversible’ roadmap to reopen the economy now published, millions have been speculating as to whether financial support will remain available – and how the country will get back on its feet.
Here’s a breakdown of everything Sunak had to say in his address to MPs on March 3.
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What was in the 2021 Budget?
Sunak’s debut Budget in March 2020 was an anomaly; including a series of policies designed to manage the economic impact of a deadly virus which was, back then, only in its infancy.
But the pandemic quickly spiralled out of control in the aftermath of that address, and the Chancellor has been forced to make regular interventions ever since to keep the economy afloat.
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On Wednesday, Sunak announced how the country planned to recover from its £355 billion debt incurred during the past 365 days, as well the financial support that will be accessible.
Sunak unveiled a three-part plan to “protect the jobs and livelihoods of the British people”, predicting a “swifter and more sustained recovery” to pre-COVID levels by the middle of 2022.
The furlough scheme will be extended
To protect the jobs and livelihoods of the British people through the remaining phase of this crisis, the furlough scheme will be extended until the end of September. #Budget2021pic.twitter.com/q48eo1ppqI
The Coronavirus Job Retention Scheme has resulted in millions of employees being furloughed since March – with the government covering 80% of wages for hours staff cannot work.
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Around 11 million jobs have been protected as a result.
The Chancellor confirmed on Wednesday that this furlough scheme is set to be extended until September 2021.
However, as the economy reopens again, employers will be expected to make contributions.
From July, companies will need to pay 10% towards furlough payments. This will increase to 20% in August and September.
The National Living Wage will be increased to £8.91 from April.
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Self-employed support will continue
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. #Budget2021pic.twitter.com/1nJO2ZmPqn
The Chancellor also confirmed further support for the self-employed in the weeks ahead.
This includes a fourth grant covering February to April, and a fifth grant from May.
Sunak added: “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.”
Grants are being made available for retail, hospitality and personal care companies
‘Restart Grants’ worth £5 billion are being introduced to support businesses before reopening.
This includes grants of up £18,000 for pubs, hairdressers and gyms.
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Non-essential retail premises will be able to claim up to £6,000.
The 5% reduced rate of VAT will also be extended for six months to September 30 – with an interim rate of 12.5% for six months.
Business rates relief will continue until the end of June.
Apprentice incentive payments are being increased
We’re taking what works to get people into jobs and making it better.
Today we’re doubling the apprentice incentive payments we give businesses to £3,000 – that’s for all new hires, of any age. #Budget2021pic.twitter.com/1ld67CRfNr
To help get young people into jobs, the Chancellor has also announced that apprentice incentive payments for businesses will be increased.
“Today we’re doubling the apprentice incentive payments we give businesses to £3,000 – that’s for all new hires, of any age,” he stated.
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The Stamp Duty cut is being extended
The new £500,000 nil rate band for #StampDuty won't end on 31st March, it will end on the 30th June.
Then, to smooth the transition back to normal, the nil rate band will be £250,000, double its standard level, until the end of September. #Budget2021pic.twitter.com/jq7APWRP5M
Sunak also confirmed that the Stamp Duty cut will be extended by three months.
The Chancellor stated: “The new £500,000 nil rate band for Stamp Duty won’t end on March 31, it will end on the June 30.
“Then, to smooth the transition back to normal, the nil rate band will be £250,000, double its standard level, until the end of September.”
Planned duty increases for alcohol and fuel are being cancelled
Planned increases in duties for spirits have been cancelled / Image: Adam Wilson via Unsplash
Elsewhere in the Budget, the Chancellor announced that planned increases in duties for spirits like Scotch whisky, wine, cider and beer will all be cancelled.
The planned increase in fuel duty is also being cancelled.
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Paying back the debt…
We're not going to raise the rates of income tax, national insurance, or VAT.
Instead, we are freezing personal tax thresholds. Nobody’s take home pay will be less than it is now, as a result of this.
In an attempt to pay back the money borrowed to fund the government’s COVID economic recovery packages – which has led to the highest rate of UK borrowing since World War II – Sunak said that he would be freezing personal tax thresholds.
Corporation tax will increase to 25% from April 2023.
The Chancellor pledged not to raise the rates of income tax, national insurance, or VAT.
“Nobody’s take home pay will be less than it is now, as a result of this,” Sunak stated.
“It is a tax policy that is progressive and fair.”
Super League ‘Rivals Round’ fixtures confirmed, with two big North West clashes
Danny Jones
The Betfred Super League (BSL) ‘Rivals Round’ games for 2026 have been confirmed, with two big regional clashes coming in time for the spring.
Returning for 2026, the annual meeting of multiple teams coming up against their fiercest and most historic rivals will land on round seven of the calendar over the traditional Easter weekend.
Despite the competition having sadly lost Salford Red Devils following their forced relegation, local rugby fans will still be glad to see the borough of Wigan, as well as neighbouring Cheshire and nearby Merseyside clubs, coming up against each other in what is a highly anticipated fixture on the calendar.
Announcing the now fully confirmed matches this week, the total of seven matches are set to be played between Friday, 3 April and the following Sunday, 5 April.
In the Super League’s own words, there are few gameweeks more box office than the Rivals Round – “where the games mean more, hit harder and have the ability to divide towns and families.”
After the inaugural edition of the modern round in 2021, this year saw the division record a best-ever attendance of 86,080 across a six-match period, and with an extra game being played next season, we’re expecting more ground to be broken.
“The most intense and historic rivalries will go head-to-head with huge crowds anticipated, emotions running high and everyone expected to bring their A game”, say the BSL.
Huddersfield Giants v York Knights – Saturday, 4 April
Castleford Tigers v Wakefield Trinity – Sunday, 5 April
One of the most notable exclusions among the slate, of course, is that of Salford Red Devils, as various players and staff members continue to leave the club during this increasingly concerning and deep period of uncertainty.
Salford supporters have given a clear response following the decisive drop in IMG gradings:
Although they are now longer in rugby league’s premier domestic tier, Salford are still expected to take part in the Challenge Cup tournament, which begins in January.
Betfred and the RFL revealed the most recent ties on Monday, 24 November, with the Devils due to face either Royal Navy Rugby or Hammersmith Hills Hoists in the second round.
Meanwhile, with the new campaign kicking off in February, rugby fans will only have to wait a couple of months to witness the upcoming instalments in the various rivalries.
Safe to say it’s going to be a spicy Easter break.
A Greater Manchester campaigner is calling on the government to get rid of VAT on energy bills
Danny Jones
With the colder months now well and truly upon us, a local campaigner is calling on the UK government to scrap VAT on energy bills across the country.
The nation is still in the midst of a cost-of-living crisis, and besides grocery shopping, business rates and eating out still climbing, one of the biggest hits to the wallet continues to be at home, thanks to the cost of gas and electricity.
With that in mind, and as we approach the ever-challenging festive period when purse strings feel tighter than ever, industry expert and Bolton-born entrepreneur Corin Dalby is making a fresh push for crucial aid and urging Brits to put digital pen to paper.
Sharing the petition link on social media – which has been taken up by more than 42,000 people online – Dalby is asking others who believe domestic residents deserve a much-needed let-off to sign the Change.org document and help scrap VAT on energy bills in the UK.
Introducing himself and the idea in the description beneath the petition, the Greater Manchester native writes: “My name is Corin Dalby, and last year I successfully campaigned for hospices in the UK to receive an extra £100 million of government funding, with the support of 37,254 signatures.
“Now I’m calling on the Government to axe the 5% VAT we are all forced to pay on our energy bills.”
Dalby, 56, is the co-founder and CEO of non-profit energy company, Box Power CIC (community interest company), and has seen significant money from FCA fines go towards palliative care facilities since December last year.
Pointing out that the current energy secretary and former Prime Ministerial candidate, Ed Miliband, has previously hinted that his party would be open to this possibility, he goes on to add: “It’s vital that we hold them to this, to bring some much-needed relief to millions of households.”
While the initial goal aligned with the hope of getting enough signatures to put this bill forward in time for the most recent Labour budget (revealed by Chancellor Rachel Reeves on Wednesday, 26 November), the initiative could still provide vital support this winter – especially for those worst off.
As mentioned, the 2025 autumn statement has now been shared publicly following some early leaks, and despite including positives like a lift on minimum wage, as well as benefit increases, there have been much bigger reactions to aspects such as the hits being taken by pensioners and more.
The 2025 autumn budget has been largely underpinned by raising taxes by an estimated £26 billion.
If anything, the announcement has made the plea from Dalby and those in agreement more poignant than ever – and there are, indeed, plenty of people in his camp.
Sharing his most recent update back in October on social media, Corin said: “Overjoyed to see 20,000 signatures in just 3 hours.
“Scrapping the 5% VAT will directly save every hospice [an area he’s already successfully advocated for in the past], house and care home in the country, so who will help us to knock this out of the park and help the most vulnerable in our country and quickly smash 100,000?
“If you wish to help make a difference, please support this petition by just adding your name and [circulating] to like-minded contacts and repost this if possible.”
If you agree with the petition, you can sign via the official Change.org link right HERE.
The Manc -
3rd March 2021 
