UK Budget Assessment
WBG Initial response to the Budget March 2021.
Public service cuts will hit women and poorest hardest, while business stands to receive ‘biggest tax cut in modern history’
The Covid-19 pandemic has exposed and exacerbated inequalities within our economy and society. Years of cuts and underspending on health, education, local government and public services left our health, care and education services weakened and made us more vulnerable to the impacts of the pandemic, leaving the UK with the 4th highest mortality from Covid-19 in the world.[1]
This Budget was a missed opportunity to rebuild the economy so that it works for everyone and builds resilience into the future.
You can download our initial response to the budget here.
[1] Office for Budget Responsibility (2021) Economic and fiscal outlook – March 2021 (https://bit.ly/3uV8Brg)
A Pre Budget briefing from the Young Women’s Trust and Women’s Budget Group on 'Covid-19 and economic challenges for young women' - Spring 2021
Nearly a week on from the Budget and it's already clear that the £12bn package announced will be insufficient to meet the growing crisis.
A Pre Budget Briefing from the UK Women’s Budget Group on 'Maternity, Paternity, and Parental Leave' - Spring 2021
Pre Budget briefing from the UK Women’s Budget Group on 'Taxation and Gender'- Spring 2021