Fall budget 2021: Live updates as Chancellor Rishi Sunak announces living wage hike and billions for transport and the NHS
All announcements made so far on the Fall Budget and Expenditure Review
So what are all the announcements made so far?
The freeze on public salaries is abolished
The Chancellor is due to announce the end of the 12-month public sector wage freeze, paving the way for more than five million workers to potentially receive a pay rise next year.
Minimum wage increase
Around two million workers will get a pay rise next year when the living wage drops from £ 8.91 an hour to £ 9.50.
“High level” of transport
Almost £ 7bn would go to regions such as Greater Manchester, the West Midlands and South Yorkshire for projects ranging from improving trams to introducing London-style improvements in infrastructure, rates and services.
Digital overhaul for the NHS
A £ 6bn package will help tackle NHS backlogs and invest in technology and data to improve efficiency and safety.
Health research and development
£ 5 billion over the next three years to fund research and development to tackle health inequalities.
A “skills revolution”
£ 3 billion for education for 16-year-olds and adults, including skills bootcamps, T-levels and special education needs funding
Housing on brownfields
£ 1.8bn to help reclaim land and level the country, includes 100 new urban ‘pocket parks’ across the UK.
Great Britain Global Investment Fund
The £ 1.4 billion fund will encourage international mobile companies to invest in critical sectors in the UK, including life sciences and automobiles.
Boost for museums and galleries
Over three years, 850 million pounds will “revive” cultural highlights.
Border protection
Aging border forces ships will be replaced with new cutters as part of a £ 700million investment.
Sports talents
The sports facilities will receive £ 700million in funding to help nurture the next generation of sports stars.
Mathematics Coaching
A £ 560million scheme to improve math skills, as more than eight million people in England have been revealed to have lower numeracy skills than expected of a nine-year-old, the North East with the West Midlands, Yorkshire and the Humber being the most affected. .
The new safe start?
The Chancellor will announce a series of investments totaling £ 500million to support families and children, including new family centers.
Crime prevention
A £ 435million package focused on violent crimes against women.
Investors at the Dragons’ Den
A £ 150million pot for the British Business Bank will encourage the development of regional networks of angel investors at the Dragons’ Den to help make people’s dreams of starting a business a reality.
Changes to post-Brexit tax rules
Tax changes will be introduced in an attempt to attract more of the world’s largest shipping companies to UK shores.
