Budget 2021: The big freeze?

FT Adviser · Mar 5, 2021 · 24m

This week chancellor of the exchequer Rishi Sunak his second Budget as the rollout of the coronavirus vaccine across the UK gives hope of a return to some degree of normality over the summer.Despite unveiling plenty of schemes to demonstrate how much he was investing in the UK economy, Sunak made clear that the bills racked up during the pandemic would soon be coming due.This meant several revenue-raising initiatives were announces, including an increase in corporation tax, frozen thresholds on income tax and capital gains tax and a frozen lifetime allowance on pensions - though the stamp…