New fiscal rules introduced at Budget 2021 & Spending Review will strengthen the public finances and ensure more money can be spent on the people’s priorities
Every single department will see a real-terms increase in overall spending over this parliament.
Capital health spending is set to increase by £4.2 billion in cash terms to £11.2 billion over this parliament.
More than 95.3m first and second vaccine doses given across the UK
More than 6 million booster jabs so far
This #SpendingReview and #Budget2021 continues to invest in our vaccine programme.
Up to 300,000 more families will benefit from an extra £200m investment in the Supporting Families programme.
£1.8bn to help schools and colleges tackle lost learning from the pandemic, and bring total education recovery support to almost £5bn.
Supporting grassroots football and backing our 2030 Football World Cup bid.
At least 100 local projects will benefit from £1.7bn of funding from the first round of the Levelling Up Fund.
Doubling the tax relief for theatres until 2023. Part of a tax relief for culture worth almost a quarter of a billion pounds.
Doubling the tax relief for Museums and Galleries until 2023. Part of a tax relief for culture worth almost a quarter of a billion pounds.
The largest annual funding settlements for the Scottish Government, Welsh Government and Northern Ireland Executive since devolution in 1998.
£20bn in R&D by 2024/25, a record investment to secure the UK’s future as a global science superpower and create high-skill, high-wage jobs across the country.
Funding will help to develop and support more green transport options, including zero emissions vehicles and cleaner planes and ships.
Our Global Talent Network will identify and attract the best talent from around the world in Science and Technology.
Explained: https://twitter.com/hmtreasury/status/1453332895972610051...
Today’s #Budget2021 and #SpendingReview increase skills spending by 26% over this Parliament - spreading opportunity and helping create a high-wage, high skill economy.
The Budget 2021 and Spending Review will help more people into work with continued investment in our Plan For Jobs.
The new Multiply programme will help up to 500,000 adults improve their numeracy, transforming their prospects.
https://educationhub.blog.gov.uk/.../everything-you-need.../
We’re making key reforms to business rates to ease the burden on our local firms and create stronger high streets.
More details here.
https://twitter.com/hmtreasury/status/1453335885005664263...
We’re making sweeping reforms to our outdated alcohol duty system. Introducing a new system that is simpler, fairer, and healthier - as well as permanently cutting the cost of a pint by 3p.
Watch this video to learn more.
https://twitter.com/hmtreasury/status/1453337527826452482...
After 12 consecutive years of frozen fuel duty rates, the average car driver will save a total of £1,900.
We’re increasing the National Living Wage by 59p an hour - a wage boost for millions of this country’s lowest paid workers.
We’re cutting the Universal Credit Taper Rate from 63p to 55p and increasing work allowances by £500 per year to help working families with the cost of living.
This will be an effective tax cut for 1.9m of the lowest earning working families.
https://twitter.com/hmtreasury/status/1453339910681792517...
