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Updated: 1 Mar 2021, 15:22
CHANCELLOR Rishi Sunak is working on spending plans to help people through the coronavirus pandemic.
More support for workers, struggling families and businesses is on the cards, along with tax hikes to cover the cost of the schemes.
Follow our UK politics live blog for the very latest news and updates.
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The Chancellor will outline how the government s pandemic support will be repaid in his BudgetCredit: Simon Walker HM Treasury
The Budget will be held this week on Wednesday March 3.
The Chancellor takes centre-stage as he outlines the government s plans for tax hikes, cuts and things like changes to Universal Credit and the minimum wage.
Rishi Sunak’s Budget will be an expensive and painful sandwich of giveaways and tax hikes
Exclusive
Updated: 25 Feb 2021, 9:03
RISHI Sunak’s Budget next week will be an expensive and painful sandwich of giveaways and tax hikes.
Insiders are calling it “two big slices of bread with very thin jam”.
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Insiders are calling it two big slices of bread with very thin jam
Slice one is a £30billion Covid support bundle that will see furlough, business relief, the Universal Credit uplift and stamp duty holiday all extended to June.
Doing this for three months more, to bring those measures in line with the Government’s programme for coming out of lockdown, leaves “thin jam” or little to spend elsewhere.