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Panacea Budget round up
 
 
 
Please find below some interesting budget reports from our partners.
 
 
 

 
 
 
 
 
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The focus of today’s Budget was very much on reducing the economic impact of the coronavirus, however the new Chancellor delivered plenty of other announcements which could impact on your clients

 
 
 
 
 
 
 
 
Rishi Sunak’s first Budget took place against the backdrop of the global outbreak of COVID-19.  Not surprisingly the UK’s response to this was the initial focus – providing some much needed short term financial measures in the current uncertainty, from ensuring the NHS has sufficient budget to cope, to extending statutory sick pay rules that affect millions of workers.
 
 
 
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Austerity is the latest victim as the largest giveaway since 1992 is unleashed.
 
 
 
 
 
 
 
 
Chancellor Sunak delivered his first UK Budget today. The Budget was a disjointed affair delivering a welcome second leg of stimulus to bolster the UK economy against the impending economic shock caused by the global outbreak of Covid-19.
 
 
 
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Here’s our summary of the proposed changes with links to the Budget documents if you would like more detail.
 
 
 
 
 
 
 
 
Their technical team are here to digest those big announcements that affect financial planners and tell them what we think it means for their clients and advice.  
 
 
 
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