As the Chancellor of the Exchequer unveiled his Budget today (03 March 2021) local residents across Redditch are being invited to share their thoughts on the measures by taking part in a snap poll.
At the start of this pandemic, the Chancellor and the Conservative-led government said that they would do whatever it takes to protect jobs and livelihoods – and as a party we remain committed to that promise.
Today’s Budget will build on these measures, with a three-part plan to: support people and businesses through the coming months, begin to fix our public finances with a fair and honest plan, and build our future economy, including:
- Extending furlough until September, helping millions of people through the challenging months ahead.
- Expanding and extending our self-employment support schemes with two further grants, so that more people can get the support they need.
- £5 billion to help the high street recover, ensuring the hardest-hit businesses have the support they need through the next stage of recovery.
- Billions of pounds to underpin the new UK Infrastructure Bank, funding projects crucial to creating jobs, delivering net zero and levelling up the country.
- £126 million for traineeships and ‘flexi-job’ apprenticeships, helping people back into work and harnessing their talents for the future.
- £1.6 billion for the vaccine rollout, helping to maintain the momentum as we work towards offering a vaccine to every adult by the end of July.
There is now light at the end of the tunnel with a roadmap for reopening the country, and today’s Budget will continue to deliver all the support business and individuals need through the challenging months ahead – so that we are ready to level up the whole country as we build back better and greener after coronavirus.