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National Institute of Economic and Social Research
@NIESRorg
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All you need to know ahead of next week's #Budget in one... THREAD šŸ‘‡

1/19
#CovidEconomics
#BudgetSpeech2021
#EconTwitter
The #Budget2021 comes at a critical time when the UK is in the middle of battling the #pandemic and the economy is substantially weakened with uneven effects at industry, household & region level.

Read the economic context to #Budget2021 here šŸ‘‡

2/19
niesr.ac.uk/publications/uā€¦
We project the UK economy to contract again in 2021Q1 due to the second wave and the winter #lockdown as well as the effects of post-#Brexit adjustment, bringing #GDP to some 11% below pre-#pandemic levels

3/19
Read 19 tweets

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#support #debt #lockdown #Brexit #Budget #spending #NewEconomy #households #TaxReview #health #fiscal #PublicSector #EconTwitter #COVID19 #savings #CorporationTax #taxes #furloughed #vaccine #analysis #interestrates #BudgetSpeech2021 #crisis #tax

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