A bid from Plymouth and South Devon has been announced as one of eight Freeport locations across England in a Budget speech Chancellor Rishi Sunak said was designed to help the UK respond to an "extraordinary economic situation".
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Budget 2021 | The UK economy is set to return to pre-Covid levels by mid-2022, according to the Office for Budget Responsibility, six months earlier than initial forecasts.
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A £1.65bn investment in the ongoing vaccine rollout has been promised.
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The government has launched a £520m Help to Grow scheme, providing a boost to small businesses as the country attempts to recover from the impact of Covid-19.
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The government is to keep business rates reduced due to the ongoing Covid-19 pandemic.
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Corporation tax is to rise from 2023 which the government said was to help recover £100bn of spending. The increase relates to profits.
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Plans to inject £126m into boosting traineeships across England have been revealed.
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The furlough scheme has been extended until the end of September 2021.
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Chancellor Rishi Sunak has revealed a new £5bn scheme for high street shops and hospitality firms in England.
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A mortgage guarantee scheme that will enable buyers to purchase homes with a 5 per cent deposit has been revealed.
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