UK’s Budget 2021, which was unveiled on Wednesday, has been labelled a ‘spend now, pay later’ budget. Chancellor Rishi Sunak is extending many economic measures including the furlough scheme but is also raising corporation tax in 2023 from 19% to 23%. Kenneth Wattret, Chief Europe Economist at IHS Markit, gives us his views on whether the Budget will help recover the economy, the worst in 300 years.



Image Credit: Ilyas Tayfun Salci / Shutterstock.com

UK&rsquo;s Budget 2021, which was unveiled on Wednesday, has been labelled a &lsquo;spend now, pay later&rsquo; budget. Chancellor Rishi Sunak is extending many economic measures including the furlough scheme but is also raising corporation tax in 2023 from 19% to 23%. Kenneth Wattret, Chief Europe Economist at IHS Markit, gives us his views on whether the Budget will help recover the economy, the worst in 300 years.

Image Credit: Ilyas Tayfun Salci / Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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