UK Budget Assessments
Spring Budget 2021 -Our Initial Response
Date Posted: Thursday 4th 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.
This Budget was a missed opportunity to rebuild the economy so that it works for everyone and builds resilience into the future. Office for Budget Responsibility (2021) Economic and fiscal outlook – March 2021 (https://bit.ly/3uV8Brg)