Tag: budget

From tax hikes to ‘levelling up’: Rishi Sunak faces budget grilling by MPs

Treasury committee hopes to pin down chancellor on investment, the environment, NHS and universal credit Rishi Sunak will face questions from MPs on the influential Commons Treasury committee this week over his spend now, pay later budget plan to combine emergency Covid support schemes with the biggest tax rises since 1993. The chancellor outlined tax […]

Bank of England given green remit to aid net zero carbon goal

Cross-party environmental audit committee welcomes decision but urges Treasury to go further Analysis: Sunak digs in for battle against financial cost of Covid Budget 2021: key points at a glance Budget 2021 live: Sunak to freeze income tax thresholds The chancellor has changed the remit of the Bank of England’s interest rate-setting monetary policy committee […]