CBI calls for further COVID-19 economic support and a path to recovery ahead of the Spring Budget.
Just before Christmas, the Chancellor announced that the Spring Budget would take place on 3 March. This budget comes at the start of a defining year for the UK - as businesses continue to battle the pandemic whilst the country looks towards hosting the G7, COP-26 and creating a greener, more dynamic and competitive UK.
This week, the CBI submitted key business priorities to shape the first fiscal event of the year and ensure that the UK both addresses the challenges and seizes the opportunities of 2021.
What the CBI called for
1. Continue to manage the COVID-19 economic crisis ahead of Budget to help businesses survive until the economy reopens later this year
The Treasury has acted swiftly to provide a lifeline for the economy, businesses, and people’s livelihoods. But the economic reality facing firms now is extremely challenging. After almost a year battling the pandemic, we know that business resilience is at an all-time low. In