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What’s in the UK Budget as Rishi Sunak targets covid and deficit

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More Covid AidSunak said his priority is to protect jobs through the pandemic, and promised to support people and businesses as lockdown measures are gradually lifted.

He outlined 65 billion pounds ($90 billion) of new Covid support, bringing the total since the crisis began to 352 billion pounds.

When capital spending announced at last year’s budget is included, the total fiscal stimulus rises to 407 billion pounds.He announced:TaxationThe chancellor also signaled there’s pain ahead as he tries to rein in a fiscal deficit that the Office for Budget Responsibility predicted will swell toward 355 billion pounds this tax year.“The amount we’ve borrowed is only comparable with the amount we borrowed during the two world wars," Sunak said. “It.

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