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  The Chancellor was asked why 40 of the 45 towns were represented by Conservative MPs.
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Who are the winners and losers from the Budget?
Here is a closer look at those who may end up better off after the Budget announcements, and those who may be worse off or left out.
Hospitality chiefs cautiously welcome ‘crucial’ Budget support measures
Chancellor Rishi Sunak extended business rates support, the VAT reduction for hospitality and froze alcohol duty.
Covid-19 deaths cut state pension spending and push up inheritance tax receipts
More than 144,000 deaths involving Covid-19 have occurred in the UK since the start of the pandemic.
Google ‘will not build new ways to identify users once third-party cookies gone’
The tech giant wants to phase out support for third-party cookies by 2022, despite concerns from publishers who rely on them for revenue.
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Brexit trade drop to bring 0.5% GDP hit in first three months of 2021 – OBR
Trade volumes are believed to have dropped in January, before recovering in February.
Property buyers praise ‘lifeline’ stamp duty holiday set to save them thousands
Rishi Sunak has announced the stamp duty holiday will be extended until the end of June.
Housebuilders boost markets as stamp duty extension welcomed
By 2.30pm the FTSE 100 was up 0.5% and the UK-focused FTSE 250 was up 1.3%.
New 5% deposit mortgage scheme ‘will make a real difference’
The mortgage guarantee scheme will be available to current home-owners as well as first-time buyers and will be available from April.
Tax burden set to be highest since the 1960s after Sunak’s Budget
Rishi Sunak said that without ‘corrective action’ the national debt would rise indefinitely.
Tax on flights rises despite industry pleas for cut
Air Passenger Duty (APD) rates for departures from Britain will increase by £2 to £82 for travellers with economy tickets.
Stamp duty extension ‘a huge relief to buyers stuck in transaction logjam’
The threshold will not return to its usual level of £125,000 until October.
Business leaders mainly praise Rishi Sunak’s Budget
The Chancellor was also warned that thousands of small businesses are on the brink of collapse.
Extension to Universal Credit increase ‘will damage people’s mental health’
The £20-a-week rise in the benefit will remain in place for another six months, the Government has said.
Corporation tax will increase to 25% from 2023
But Chancellor Rishi Sunak said the new rate on business profits will only impact companies making more than £250,000 a year.

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Who are the winners and losers from the Budget?

Hospitality chiefs cautiously welcome ‘crucial’ Budget support measures

Covid-19 deaths cut state pension spending and push up inheritance tax receipts

Google ‘will not build new ways to identify users once third-party cookies gone’

Brexit trade drop to bring 0.5% GDP hit in first three months of 2021 – OBR

Property buyers praise ‘lifeline’ stamp duty holiday set to save them thousands

Housebuilders boost markets as stamp duty extension welcomed

New 5% deposit mortgage scheme ‘will make a real difference’

Tax burden set to be highest since the 1960s after Sunak’s Budget

Tax on flights rises despite industry pleas for cut

Stamp duty extension ‘a huge relief to buyers stuck in transaction logjam’

Business leaders mainly praise Rishi Sunak’s Budget

Extension to Universal Credit increase ‘will damage people’s mental health’

Corporation tax will increase to 25% from 2023

Read More

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Ophelia Lovibond to play Carrie Symonds in Covid drama This Sceptred Isle

Music industry ‘disappointed’ at lack of insurance scheme in Budget

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