Chancellor Rishi Sunak has confirmed a temporary #windfalltax on oil and gas giants but said it would include a "new investment allowance" to incentivise the reinvestment of profits as "the more a company invests, the less tax they will pay" https://trib.al/AIgcfn9 📺 Sky 501 | Sky News

39K views · 197 reactions | Rishi Sunak tells Sky's Sophy Ridge economic support will 'align with the roadmap' set out by the prime minister. Speaking ahead of the Budget on Wednesday, the chancellor says 'I remain committed to doing whatever it takes to protect people and businesses' when he is asked whether the furlough scheme will be extended. Read more: https://trib.al/2XcBnXk | Sky News | Facebook

48K views · 372 reactions | This year's UK Budget will be one of the most closely watched in a generation - coming amid the pandemic and its massive economic fallout. With the Covid roadmap plotting a path to reopening the economy, Chancellor Rishi Sunak now has to decide how much support to continue giving businesses and when and how we start to repay the pandemic borrowing. (Via BBC Newsnight) bbc.in/37R1xlU | BBC News | Facebook

Reacting to the Labour government's budget, former PM Rishi Sunak claimed Chancellor Rachel Reeves had "launched an enormous borrowing spree". #Labour #Tories #Budget2024 #UK #Politics | Sky News