Chancellor of the Exchequer Rishi Sunak said the UK is on course to post the fastest growth rate since 1973 this year as he started delivering a budget he said will help the nation bounce back from the pandemic.
Britain’s economy, which contracted almost 10 per cent last year, is set to grow 6.5 in 2021, according to a forecast from the independent Office for Budget Responsibility. That’s compared with a previous prediction of 4 per cent, and marks the biggest upgrade since at least the 1980s.
The UK government confirmed it will tax the country’s largest property firms to
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