Thread by @theipaper

All the key moments from Rishi Sunak's #Budget2021 speech 🔽

https://twitter.com/theipaper/status/1453325455130513408

https://twitter.com/paulwaugh/status/1453325289103167491

https://twitter.com/ChaplainChloe/status/1453324558300336128

Rishi Sunak is believed to be the richest man in the House of Commons, thanks to his past career as a banker and his marriage to Akshata Murty

inews.co.uk/news/politics/…

Underlying debt is forecast to be 85.2 per cent of GDP this year, then 85.4 per cent in 2022-23, before peaking at 85.7 per cent in 2023-24

#Budget2021

inews.co.uk/news/politics/…

Rishi Sunak says Government will reinstate its commitment to spending 0.7% of GDP on foreign aid

https://twitter.com/HugoGye/status/1453327898329456649

Rishi Sunak said the OBR expects the UK’s recovery to be quicker than pre-Covid levels at the turn of the year

inews.co.uk/news/politics/…

Department spending is to increase by £150bn

https://twitter.com/ChaplainChloe/status/1453328266975186952

Health spending will increase by £44bn, to over £177bn

Continue to follow all the key moments of the #Budget2021 speech here 🔽

inews.co.uk/news/politics/…

As already announced pre-Budget, up to 300,000 more families will benefit from an extra £200m investment in the Supporting Families programme

inews.co.uk/news/politics/…

Investment in housing will total nearly £24bn

➡️ Almost half of the total (£11.5bn) on building new affordable homes
➡️ £11.8bn will go towards working on brownfield land
➡️ £5bn will be spent on removing unsafe cladding from the highest risk buildings

inews.co.uk/news/politics/…

Schools will get almost £5bn 🏫

➡️ Per pupil funding will be up by around £1,500
➡️ An extra £2bn will be spent on schools catch up
➡️ 30,000 new school places will be created

inews.co.uk/news/politics/…

#DrinkOutToHelpOut 🔽

https://twitter.com/paulwaugh/status/1453336920042491906

Rishi Sunak has unveiled a “radical simplification of alcohol duties"

🍺 Duty rates will be based on the principle that “the stronger the drink, the higher the rate”

🥂 Sparkling wines will see rates slashed

inews.co.uk/news/politics/…

Rishi Sunak has ditched plans to introduce a 2.84p hike in fuel duty, after record petrol prices exacerbated fears of a cost-of-living crisis this winter.

inews.co.uk/news/budget-20…

The Universal Credit taper rate will be cut by eight per cent

https://twitter.com/paulwaugh/status/1453339854692130817

In a significant shake-up to the alcohol duty system, consumers will see lower taxes on prosecco, rose and draught beer and cider.

inews.co.uk/news/budget-20…

Rishi Sunak has lowered the Universal Credit taper rate, in a move that will allow millions of Britons to keep more of the money they earn.

#Budget2021

inews.co.uk/news/universal…

The Prime Minister has forced the Chancellor to splash the cash in a way last seen under Blair and Brown

#Budget201

🔴 Analysis from @paulwaugh

inews.co.uk/opinion/rishi-…