Plus, 10 ways the Budget could affect you
| UK tax burden to be 'highest since 1960s' |
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| | | Analysis of the Budget shows the UK's tax burden - the amount paid by individuals and companies in relation to the size of the economy - will rise to its highest level since the 1960s over the next five years, according to watchdog the Office for Budget Responsibility. From 2023, corporation tax will rise from 19% to 25%, although smaller firms will be exempt. And 1.3 million extra people will start paying income tax between now and 2026, with a million more facing a higher rate. Chancellor Rishi Sunak used Wednesday's Budget to extend support to companies and individuals affected by the coronavirus pandemic, through the furlough scheme and increased universal credit payments. But he warned the unprecedented spending could not continue, saying some of his tax decisions may not be "popular" but were "honest". If you're still getting your head around what was announced: here are the key points at a glance and five things we learned plus, 10 ways the Budget could affect you | |
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| Vaccine updates to be fast-tracked |
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| Modified Covid vaccines aimed at tackling variants like the one from Brazil can be fast-tracked through the approval system, the UK's regulator says. Jointly with authorities in Australia, Canada, Singapore and Switzerland, the MHRA has issued guidance on the checks and measures required. It says no corners will be cut on safety, with data from real-world studies used to support decisions. The aim is to avoid lengthy trials, allowing approval within months, not years - in a similar system to that used for updating annual flu vaccines. Scientists think existing coronavirus vaccines work against new variants but may not be as effective. | |
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| Meghan talks royals and 'falsehoods' |
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| A second teaser clip for the Duke and Duchess of Sussex's interview with Oprah Winfrey reveals Meghan saying she is not afraid of the consequences of speaking out. In an interview for US broadcaster CBS, the Duchess says she cannot be expected to be silent if the royals have a part in "perpetuating falsehoods about us". It comes as Buckingham Palace says it's investigating claims the duchess faced a complaint of bullying royal staff. In response to the report in the Times newspaper, Meghan's spokesman said the duchess was saddened by the "latest attack on her character". | |
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| | | | | Their hero is no longer president but some followers of the fringe QAnon conspiracy theory have latched onto obscure, irrelevant laws in an attempt to keep the faith. It's been six weeks since the inauguration of President Joe Biden. Donald Trump's best chance to regain the presidency would seem to be the 2024 election. But some of his fervent followers who support the baseless QAnon conspiracy theory believe he'll somehow be returned to power on 4 March. | |
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| | Shayan Sardarizadeh | BBC Monitoring | |
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| | | | "Spend now, tax later," is how the Financial Times describes the effect of Rishi Sunak's Budget. The Metro says the chancellor - who it labels "Risky Sunak" - has "gambled" £65bn on a quick recovery out of the pandemic, in saying the economy would grow by more than 11% in the next two years. And the Daily Telegraph uses a front-page graphic to illustrate how a five-year personal tax "raid" will aim to recoup the investment. Read the review. | |
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| | | Covid Virus decline "slowing" in England |
| | | | SpaceX Starship rocket lands but then explodes |
| | | | Amazon Till-free grocery store opens in London |
| | | | Harry Dunn Family "can claim against crash death suspect" |
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| If you listen to one thing today |
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| If you read one thing today |
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