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The Chancellor of the Exchequer Rishi Sunak presented his ‘Spending Review 2020’ to Parliament on Wednesday 25 November 2020.
Bidding process in England opens to establish at least seven new Freeports. The first are expected in 2021, as part of at least 10 across the whole of the UK.
Over 19,000 job placements for unemployed young people have so far been created under the government’s £2 billion Kickstart Scheme - with tens of thousands more expected in the months ahead.
Annual Investment Allowance £1 million temporary cap will be extended until 1 January 2022.
Workers across the United Kingdom will benefit from increased support with a five-month extension of the furlough scheme into Spring 2021, the Chancellor announced today, 5 November.
The UK will remain an open, attractive international financial centre, and extend its global leadership in green finance and financial technology, under plans outlined by the Chancellor Rishi Sunak today (9 November).
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HM Treasury is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth.
HMT is a ministerial department, supported by 14 agencies and public bodies.
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