The British government is gearing up for its annual budget announcement as Chancellor Rishi Sunak seeks to balance the country's books following record levels of borrowing across 2020. Henry Bolton, former UKIP leader and founder of the British Political Action Conference, shares his expectations from Britain's 2021 budget. Sputnik: What can we expect from Rishi Sunak's upcoming budget announcement? Henry Bolton: I think it’s inevitable that the Chancellor is going to take his responsibility to claw back some of the expenditure that’s occurred over the coronavirus. I would personally like to see a freeze on all tax increases, whether it’s corporation tax or anything else for a year, and wait until next year to give businesses a chance to recover. © AFP 2021 / Dan Kitwood UK Budget 2021: Ken Clarke Urges Sunak to Protect ‘Young & Poor’, Boost Taxes on Working Elderly The British economy is going to be ahead because of the tremendous effort put into the vaccination scheme, so we are going to have if you like, a global or certainly regional advantage in terms of the economy and trade in that respect, but we need to allow businesses to get back on their feet. We need… Read full this story
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