Budget 2021: Northern Tory MPs call for business rates cut to ‘save High Streets’

Asked about introducing a sales tax to target online retailers such as Amazon, Mr Sunak said he was trying to reach an international agreement with other countries “on how to tax these large multinational digital companies properly”.The economy performed better than expected at the end of last year, then worse at the start of this year because of the new lockdown. But the Bank of England is predicting bumper economic growth, thanks to a combination of the vaccine and households raring to spend money they’ve saved. That could make the Chancellor’s a bit easier.

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