Live Commentary
Budget 2021

Welcome to our live Budget 2021 commentary. This will be followed up by further analysis straight after the event on our insights page.

Interest rate rises

“Interest rate rises due to inflation caused by servicing our debt by printing money, will have a far bigger impact than any tax rises. If interest rates increase by 1% this adds £25bn to the annual deficit or the equivalent of adding 8% to corporation tax.”

John Endacott - Tax Partner

Posted: 3/03/21 12:00 PM

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