Cicero/amo is pleased to share with you our analysis of the 2021 Budget Statement and Spending Review, which provided a number of ‘firsts’ for Chancellor Rishi Sunak – the first multi-year Spending Review since the COVID-19 pandemic and Brexit, and the first Budget delivered by Sunak which set out a long-term economic plan for this Government.
For business, this was a positive Statement following a tumultuous relationship with Government of late, having been positioned as one of five pillars to deliver a stronger economy. However, announcements on the green finance agenda were a glaring omission despite the UK hosting the COP26 Summit in a matter of days, and an anticipated rise in inflation threaten to kybosh the Chancellor’s extra wiggle room following the economic recovery from the pandemic.
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