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.”
Michael Ball and Alfie Boe at AO Arena, Manchester – tickets, times, setlist, and more for tour
Thomas Melia
Michael Ball and Alfie Boe are bringing their Together At Home tour to Manchester, here’s everything you need to know for their AO Arena gig.
The boys are back in town, and by the boys we mean multi-million selling vocalists Michael Ball and Alfie Boe, who are heading to Manchester this month.
This duo are no stranger to each other’s company making six collaborative albums since 2016 covering songs from The Greatest Showman, The Lion King and New York, New York.
Their latest release ‘Together At Home’ which doubles as the name for the tour sees the pair back to their good old tricks covering hits like ‘He Ain’t Heavy, He’s My Brother’ and ‘Ferry Cross The Mersey’.
These two powerhouses know how to sing in style and that’s why they’ve chosen the impressive AO Arena to host their brand new show.
Michael Ball and Alfie Boe UK tour dates
Sat 29 March – Cardiff, UK – Utilita Arena
Sun 30 March – Bournemouth, UK – International Centre
Tue 1 April – Nottingham, UK – Motorpoint Arena
Wed 2 April – Newcastle, UK – Utilita Arena
Fri 4 April – Manchester, UK – AO Arena
Sat 5 April – Liverpool, UK – M&S Bank Arena
Mon 7 April – Aberdeen, UK – P&J Live
Tue 8 April – Glasgow, UK – OVO Hydro
Thu 10 April – Leeds, UK – First Direct Arena
Fri 11 April – Birmingham, UK – BP Pulse Live
Sun 13 April – London, UK – The O2
Mon 14 April – Brighton, UK – Brighton Centre
Michael Ball and Alfie Boe tickets for AO Arena gig
Anyone looking at tickets for Michael Ball and Alfie Boe’s upcoming tour have plenty of opportunity to see these two singing their hearts out.
Fans of the duo better act fast as these tickets are very limited, starting from a reasonable £47.75 and reaching £98.75.
If you want to go all out on this occasion tickets are also available for The Mezz, which is the arena’s fine dining experience covering you before and throughout the show at a fixed price of £206.25.
What are the stage times for Michael Ball and Alfie Boe in Manchester?
AO Arena has a curfew of 11pm meaning you’ll still be able to make it home and pop the kettle on before you get your forty winks.
Their support act comes in the form of another duo, however these two mighty performers are magicians rather than singers.
The Conjurors are a worldwide renowned act famed by audiences and A Listers for their talents which they will be showing off in Manchester on the night.
How to get to AO Arena
Tram
For those of you heading to AO Arena, luckily it’s in Manchester Victoria Station and its integrated Metrolink stop.
Head along the pink, light blue or yellow lines directly to the Victoria stop and you can get off the tram literally spitting distance from the arena. You can find the full map HERE.
Train
Considering this live entertainment venue is situated right in the middle of one of Manchester’s most frequented stations, concertgoers should find no problem getting to the arena wherever they are.
Bus
A variety of buses cover AO Arena andVictoria Station on their route such as the 2 bus which stops a one minute walk away from the venue.
A full list of buses and their routes can be found HERE.
Getting there by car and parking
The Arena have their own official parking partners CitiParkwith 958 spaces including 40 Blue Badge parking bays, which can be booked in advance.
Alternatively, anyone attending a gig can park at their nearest train station and jump on a train service or the various Metrolink park and ride facilities.
Walk/cycle
Greater Manchester now also offers the option to hire bikes through the Beryl, with riders able to locate, unlock, get to their destination and then safely lock up the bike all through an easy-to-use app.
About the AO Arena
The AO Arena has a few strict policies to keep gig-goers safe, so make sure to check entry requirements carefully before you travel.
For example, only one small bag per person is allowed, and bags like backpacks, travel cases and laptop bags are not permitted inside the arena.
All bags are scanned on entry to check for prohibited items like laser pens, flares, projectiles, weapons, drugs and alcohol, and even selfie sticks.
Band on the Wall buys adjoining The Rose and Monkey pub
Danny Jones
Beloved Manchester music venue Band on the Wall has announced that they have bought the equally popular Rose and Monkey pub and hotel next door.
The two Great Ancoats St favourites on the edge of the district and the Northern Quarter have both served as reliable, entertaining gig spaces for years now, not to mention a great spot for a drink, and their business models have always aligned so perfectly, with visitors heading from one into the other for years.
With that in mind, and in a concerted effort to support the local music and hospitality industry, Band on the Wall have decided to turn that long-standing relationship into an even closer collaboration.
Confirming the acquisition of The Rose and Monkey earlier this week, Band on the Wall and its next-door neighbour are now official partners.
Speaking in an official statement on their website, the latter wrote: “This exciting development marks another step in Band on the Wall’s mission to support grassroots music and enhance its role within Manchester’s vibrant cultural scene.
“The Rose & Monkey (formerly The Burton Arms) has a long and chequered history dating back to 1783, but in recent years has been transformed into a beloved destination for music lovers and locals alike.
“Known as one of the city’s oldest public houses, originally built as part of the original Smithfield Markets and over the road from what was the ‘New Cross’ area of the city, the venue boasts an intimate atmosphere and commitment to live music.
“The pub is now a vital part of the Northern Quarter’s creative fabric with unique features, including a beer garden, small music stage, and even Airbnb accommodation upstairs; the venue perfectly complements Band on the Wall’s (BOTW) ethos of fostering community through music.”
As it turns out, the deal to take over The Rose and Monkey was actually agreed upon a while ago and fully finalised last 2024.
With backing from Figurative – a not-for-profit organisation that specialises in ‘impact investment’ throughout the cultural and creative sector – this most recent development follows the £3.5 million refurbishment of BOTW, which was finally completed back in March 2022.
Audio North was still ‘The Manc Audio’ back then, but Band on the Wall was busy being reborn first.
Gavin Sharp, CEO of Band on the Wall, said: “We are delighted to welcome The Rose & Monkey into the Band on the Wall family. This acquisition allows us to expand our footprint while preserving one of Manchester’s most cherished independent venues.
“Together, we aim to create even more opportunities for emerging artists and provide unforgettable experiences for music fans.”
As for the pub and lodging house itself, The Rose and Monkey Hotel, to use its full name, will still remain its own bar and live music entity but will now work closely with Band on the Wall to achieve better and more diverse programming.
In addition to a place to stay on the first floor, the pub now features a newly installed ‘Wurlitzer Jukebox’, too, which has been curated by none other than American alternative rock band Pixies, BBC 6 Music DJ Chris Hawkins and the in-house team.
Finally, Band on the Wall went on to add: “The Rose & Monkey is ideally positioned to become an even greater hub for Manchester’s thriving music scene.
“Visitors can look forward to an enhanced calendar of events as well as continued dedication to inclusivity and creativity, and a jukebox specially curated by several high-profile friends and supporters of the venue.”