Rishi Sunak will outline government spending plans when he reveals the 2021 Budget today.
The Chancellor will address the Commons on Wednesday where he said he will be “looking to the future and building a stronger economy for the British people”.
Mr Sunak’s previous budgets in March 2021 and 2020 had been heavily focused on supporting the country through the coronavirus pandemic.
Chancellor Rishi Sunak told Cabinet ministers the “three building blocks” of the Budget were “strong public services, infrastructure innovation and skills”.
A Downing Street spokesman said the Chancellor also pledged to use post-Brexit freedoms to deviate from EU rules to “deliver substantive reform of our tax system”.
The spokesman said: “The Chancellor outlined his plans for the Budget and Spending Review that will deliver a stronger economy for the British people, promoting high skills, high productivity and higher wages.
“He also set out how strong public services, infrastructure innovation and skills, and support for working families were the three building blocks of this Budget, emphasising that there would be strong investment in all three including £6 billion to help clear NHS backlogs and £3 billion investment in skills.
“The Chancellor described how the levelling up agenda would be the golden thread that runs through this Spending Review and Budget, delivering on our promises to spread opportunity across our country.
“He stated that this Budget prepares for a new economy post-Covid and is a Budget that will take the opportunities leaving the EU has afforded us to deliver substantive reform of our tax system. “
Live Budget 2021
🔴 The Chancellor of the Exchequer @RishiSunak is delivering his Budget statement in the House of Commons.#Budget2021 #SpendingReview #BSL
— UK House of Commons (@HouseofCommons) October 27, 2021
Watch live ⬇️ https://t.co/CV9sPrr7qU
Labour leader Sir Keir Starmer will not be responding to the Budget after testing positive for Covid, Labour has said.
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