03 March 2021
•
Image:
The Chancellor confirmed a £5bn restart grant to help businesses continue to trade as they come out of lockdown
Chancellor Rishi Sunak provided an additional £65bn of fiscal support in today’s (3 March) Spring Budget, promising the UK Government will do "whatever it takes" to support the UK economy, which is expected to bounce back more slowly than expected this year.
The Office for National Statistics (ONS) revealed that it now expects the UK economy to grow by 4% in 2021, down from the 5.5% forecast in November, with GDP growth of 7.3%, 1.7%, 1.6% and 1.7% in the...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
