Chancellor urged to extend furlough scheme before budget

Furlough scheme and self-employment grant extended until Sep

Chancellor Rishi Sunak has confirmed the furlough scheme will be extended to the end of September, as will support for the self-employed. Employees will continue to receive 80% of their wages until the scheme ends, but firms will be asked to contribute 10% in July and 20% in August and September as the scheme is gradually phased out The fourth grant of the Self-Employment Income Support Scheme (SEISS) will cover February to April, worth 80% of average trading profits up to £7,500. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Rishi Sunak begins Budget address in House of Commons

Chancellor of the Exchequer Rishi Sunak begins his Budget statement in the House of Commons and says that the coronavirus pandemic has fundamentally changed the UK's way of life.

Sunak: Stamp duty cut to continue until end of June

The stamp duty cut will continue until the end of June, with the nil rate band set at £250,000 – double its standard level – until the end of September, the Chancellor Rishi Suank said.

Chancellor confirms extension of furlough scheme

Chancellor Rishi Sunak confirms in his Budget address to the House of Commons that the furlough scheme will be extended until September 2021.

We have to strike a balance with tax choices, says Tory MP

Speaking ahead of Wednesday's Budget, Conservative MP Simon Clarke has said Chancellor Rishi Sunak must "strike a right balance" with the tax choices he makes. Mr Clarke said he didn't want to see "taxes on personal income" or "job sensitive taxes, like national insurance, go up". Report by Thomasl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Watch: ‘TMC worried’ by CBI notice, says BJP; Mamata visits nephew’s house

West Bengal Chief Minister Mamata Banerjee visited the residence of her nephew Abhishek Banerjee ahead of the CBI questioning his wife in the coal pilferage case. Meanwhile, the BJP mocked the Trinamool Congress and said that they are scared worried about the CBI notice. BJP leader Dilip Ghosh said that the CBI acts on the basis of evidence it finds and if they have done nothing wrong, there is no reason for them to worry. He further claimed that the CBI notices are not linked to the upcoming polls in the state. ‘I agree that elections are around the corner, but because of the elections, the investigation should not be stopped. The scam should be unearthed and culprits should be punished,’ Ghosh said. Watch the full video for all the details.