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Budget 2021: Party like it’s 1969?
Description
The highest level of public debt and highest tax burden since the late 1960s, the first increase in corporation tax since 1974, the largest net tax rise since 1993…
In this special edition of Inside Briefing, IfG chief economist, Gemma Tetlow, is joined by IfG senior economist Tom Pope, and IfG senior fellows Jill Rutter and Giles Wilkes to trawl through the details of Rishi Sunak’s second budget. Did he do enough to support businesses and households as the lockdown lifts? Will the plans for large future tax rises and cuts to benefit payments stick? What did the budget reveal about the government’s strategy for UK growth?
Audio production by Candice McKenzie
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