Rishi Sunak will tomorrow give his second Budget after a year that has seen £280bn spent on coronavirus . You can scarcely believe the Commons was packed for last year’s spectacle with Tories patting the Chancellor on the back. This time the Chancellor will stand up at 12.30pm to a near-empty chamber in Parliament to announce a plan for recovery. Prepare for an hour-long blizzard of announcements followed by endless spin about how the announcement will change the country. But for all the big policies and the many details, chances are your response to the Budget will come down to just one or two vitally important things. Here are some of the biggest changes you need to look out for that will affect your life. 1. Furlough and business support Furlough is expected to be extended until at least the end of June. And self-employed people will be given a fourth grant under the Self-Employed Income Support Scheme (SEISS). But the terms and the eligibility will be crucial. Will furlough be paid at 80%, like it is now, or will firms have to contribute more? And will millions of self-employed people – including around 200,000 newly self-employed – still be… Read full this story
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