UK extends costly COVID aid, announces tax hike for businesses

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The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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  • Al Jazeera English published this video item, entitled “UK extends costly COVID aid, announces tax hike for businesses” – below is their description.

    British Chancellor of the Exchequer Rishi Sunak has pledged to do “whatever it takes” to achieve economic recovery. He set out various new measures during his annual budget address.

    Furlough support has been extended and small businesses will have access to new grants.

    But the tax burden for households and businesses will increase in the coming years.

    Sunak has warned the cost will take generations to pay back.

    Al Jazeera’s Rory Challands reports from London.

    Al Jazeera English YouTube Channel

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