03 March 2026Publication
Spring statement 2026 - macro perspective
Our economic analysis of the Spring statement 2026.
Budget 2021 was delivered by Chancellor Sunak against a backdrop of both record national debt and the early, fragile stages of possible recovery from the impact of the COVID-19 pandemic. We've analysed the Chancellor's Budget and related announcements to bring you our expert summary of the key changes across topics including business and personal taxes, VAT and more. We've also produced an article from our client insights lead, Andy Hartwill, with our wider viewpoints on Budget 2021.
Budget 2021 - A view from the market
The UK economic recovery is still in its early and fragile stages and the Chancellor has sought to nurture it in the near term with an extension of most existing fiscal support measures and the introduction of some new ones. But the warning signs are already clear beyond the horizon, both as to national debt levels and longer-term growth rates. That tension looks set to continue through the current parliament while the introduction of longer-term structural initiatives including 'freeports' and a 'green' investment bank get underway. Elsewhere lie the seeds perhaps of an early general election.
UK Budget 2021 highlights
Download a PDF of our full UK Budget 2021 highlights.
This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.
Key contacts
If you have any questions, contact a member of the Budget 2021 team for assistance:
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