Rishi Sunak Budget announcement 2021: What did the Chancellor say today, Wednesday, March 3?

Rishi Sunak Budget announcement 2021: What did the Chancellor say today, Wednesday, March 3?

RISHI SUNAK insisted 'we will recover' as he revealed the details of the 2021 Budget during today's announcement.

The Chancellor provided updates on furlough and Universal Credit as he made his statement to MPs in the House of Commons.

🔵 Read our Budget 2021 live blog for the latest news & updates

What did Rishi Sunak say in the Budget?

Mr Sunak confirmed that the furlough scheme will be extended until the end of September.

He revealed extra help for 600,000 self-employed Brits that have not received support from the Government.

A £20-per-week Universal Credit uplift in payments will be extended for another six months.

Thousands more people will be brought into the self-employment help schemes

A fourth self-employed grant of up to £7,500 and a fifth one will come over the summer

Fuel duty will be frozen in a huge win for The Sun's Keep It Down campaign.

The UK’s Covid vaccine rollout will receive a £1.65 billion boost.

VAT cut will be extended for another six months and will go up to 12% for another six months after that.

The National Living Wage will rise to £8.91 from £8.72 per hour from April.

A whopping £2.8million will be pledged for Britain's bid to host the 2030 World Cup.

The Stamp Duty Holiday has also been extended for another three months.

First-time buyers will now have access to 95 per cent loans thanks to a new mortgage guarantee scheme.

But Brits will no longer benefit from planned increases to the amount that can be earned tax-free.

Shops, bars, clubs, hotels, restaurants, gyms and hair salons will be offered £5billion of additional grants.

After unveiling his bumper budget, Mr Sunak will give a press conference at 5pm.


How can I watch Rishi Sunak announce the Budget?

The Chancellor's Budget can be followed via The Sun Online's dedicated liveblog.

Or, watch our YouTube channel to see Mr Sunak deliver his public economic proposals.

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