The CBI unpacks all you need to know.
While the last Budget seems like yesterday, the next one is almost around the corner. Maybe it’s the fact that since that March Budget, we have had a number of key government announcements that have felt like budgets; from the creation of the Job Retention Scheme in March to the summer economic statement in July, the pace of changes and measures announced has been extraordinary.
And this Budget is set to be different again. For starters, we are also expecting a Comprehensive Spending Review, which is set to conclude around the same time.
But this Budget also comes at a critical time. A time when the support measures are set to be faded out, including the Job Retention Scheme at the end of October, and when there is still so much uncertainty about the impact of the pandemic. With risks of a second wave or local lockdowns, the Chancellor will have to manage many moving pa