Finance

Budget 2021 latest news: Rishi Sunak could announce 30p hike on beer & NO VAT cut to household energy bills in speech


CHANCELLOR Rishi Sunak will unveil his second Budget of the year today, with economic plans that will take us through the winter.

Rumoured measures include a 30p hike on the price of a pint – meaning it will cost Brits more for a visit to their local boozer.

Mr Sunak will not axe VAT on household energy bills in tomorrow’s Budget – despite families being clobbered with eye-watering rises.

The Chancellor is under pressure to scrap the 5% VAT charge on heating bills for six months from November 1 to help bills be more affordable during the winter.

Another confirmed measure will be to increase the minimum wage to £9.50 an hour this week, giving a pay rise for millions of Brits in his budget.

The Chancellor is also set to unfreeze sector pay on teachers, civil servants and police wages.

It is also expected that he will ditch a 2.84p budget hike in fuel duty — a win for The Sun’s Keep It Down campaign.

Read our 2021 Budget blog below for the latest news and updates…



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.