Watch UK Finance Minister Rishi Sunak announcing the country's 2021 budget

by Raphael Stevens 3 March 2021, 11:34 109 Views

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British Finance Minister Rishi Sunak is announcing the government’s public spending plans for the year.

Prime Minister Boris Johnson’s government embarked upon unprecedented fiscal stimulus last year as the economy was hammered by the coronavirus pandemic, suffering its sharpest contraction in more than 300 years.

The U.K.’s 2021 budget comes as nationwide Covid-19 restrictions are set to be gradually unwound over the coming months. Analysts are expecting possible tax hikes and a nod to future tightening to make an appearance in the latest budget announcement Wednesday.

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Source: Finance - cnbc.com

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Watch UK Finance Minister Rishi Sunak announcing the country's 2021 budget

Mortgage application demand stalls as interest rates surge to highest level since July

U.S. urges Saudi Arabia to give up special developing nation status at WTO

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