Budget Newsletter

It is less than a year since Rishi Sunak presented his first Budget, after having been in the role of Chancellor for less than a month. His despatch box première featured an allocation of £12bn towards mitigating the impact of the Covid-19. Ironically, on the same day as Mr Sunak revealed that boost to spending, the World Health Organisation declared the outbreak a pandemic. Total expenditure in the U.K. on dealing with the pandemic is now estimated to be around £300bn.

Signs of an Early Spring

From a northern hemisphere perspective, Spring 2021 formally begins on Saturday 20 March however – for both recent weather and economic watchers – February showed some real progress that boosted signs of optimism for the rest of the year.

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