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MP for Stourbridge

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Suzanne Webb
MP for Stourbridge

Autumn Budget 2021

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Wednesday, 27 October, 2021
Autumn Statement

Here are some of the key measures that have been announced in the Autumn StatementπŸ‘‡πŸ»

πŸ“ˆ National Living Wage - increased by 6.6% to Β£9.50 an hour

πŸ“‰ Universal Credit – making work pay by cutting the taper rate by 8%

πŸ’· Public sector pay – freeze to be lifted

πŸ›’Cost of living - Β£500m Household Support Fund for the most vulnerable

πŸŽ“ Young People – an extra Β£4.7 billion for schools & Β£620m for early years

πŸ₯ Healthcare – Β£41 billion extra for 40 new hospitals and 50,000 more nurses

πŸ—οΈ Infrastructure - Β£100 billion investment in roads, railways, and broadband

πŸ’Ό Business – 50% business rates cut for retail and hospitality

🏑 Housing - £11.5 billion for 180,000 affordable homes

🍺 Alcohol duties – draught beer and cider rate cut by 5%

β›½ Fuel duty - frozen

These measures have been made possible by the UK’s strong economic growth, rising wages, and lower unemployment – thanks to the Government’s responsible actions to date.

The commitments the Government are making are clear – to help working families meet the cost of living, support businesses, and improve our public services – all whilst reducing national debt and strengthening public finances.

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