‘New tier system is not continuing the lockdown’, says PM
Video Credit: ODN - Duration: 01:17s - Published
‘New tier system is not continuing the lockdown’, says PM
The Prime Minister has insisted that it is important for the public to understand that England’s new stricter tier system is “not continuing the lockdown”.
Report by Patelr.
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Responding to today's budget, Laura Tenison MBE, founder of Jojo Maman Bebe, said that while her company would remain innovative, higher corporation tax means companies like hers will have less to reinvest in creating jobs.
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Mayor of London Sadiq Khan says the Budget lacked an increased investment for the NHS, social care and other workers who have been at the frontline of the Covid pandemic.
He added it lacked a long-term plan of how the capital and country was going to recover from the crisis. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rishi Sunak has defended his Budget when asked why he has not made provisions for coronavirus related costs beyond 2022. During a Downing Street press conference Mr Sunak was asked if it was his "honest judgement that the pandemic will cost nothing from next year". The Chancellor admitted that he does not know exactly the future path of what is going to happen, adding: "I don't have a crystal ball". However he reassured the public the government is thinking about the next 12 months, and working to improve the UK's preparedness for future pandemics. Report by Thomasl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Stephen Barclay has praised Rishi Sunak's Budget for providing support beyond the Covid roadmap. The government aims to have the economy open by June 21, but the Chancellor's support "goes way beyond that", he said. He added: "He has already taken a cautious approach extending till the end of September to allow for the fact some businesses will come back at different paces." Report by Thomasl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK's economic recovery from coronavirus will be "swifter and more sustained" than previously thought, Chancellor Rishi Sunak told MPs as he set out his Budget.
But he warned it would take "a long time" to rebuild and pledged to do "whatever it takes" to support people.
In his Budget the Chancellor:
- Extended the stamp duty holiday from the end of March until the end of June.
- Confirmed the extension of the furlough scheme until the end of September.
- Extended the 5% reduced rate of VAT for the tourism and hospitality sector to the end of September.
- Continued the business rates holiday for the retail, hospitality and leisure sectors until the end of June.
- Announced the temporary £20-a-week increase in Universal Credit payments will continue.
- Set out a new Recovery Loan Scheme.
-Froze all alcohol duties and scrapped a planned increase in fuel duty. Report by Avagninag. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer says his party will abstain a vote in the Commons on Tuesday which seeks to replace the current lockdown rules with the tier system from Wednesday. Sir Keir said it would not be in the..
December 2 will see the introduction of a tougher tier system in England, with99% of the country to be placed in the top two tiers of restrictions. But whenwill the restrictions be reviewed and what..
Credit: PA - Press Association STUDIO Duration: 02:06Published
Boris Johnson has defended the introduction of the tier system for England,saying it would be wrong to “take our foot off the throat of the beast”. On avisit to pharmaceutical firm Wockhardt at its..
Credit: PA - Press Association STUDIO Duration: 01:32Published