Autumn Budget 2021: How Rishi Sunak could affect your finances

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Autumn Budget 2021: Minimum wage rises, cheaper booze and how else Rishi Sunak could affect YOUR finances

It would save families with bills of £1,137 - the national average - £57 each year.Mr Sunak is set to trim taxes off English sparkling wine and beers in a Brexit boost for our distilleries. As much as 83p could be knocked off a bottle of plonk.Drinkers currently have to pay around £1 in tax for every pint of beer in a pub.Mr Sunak this weekend promised to reveal the conclusion of a review into business rates.

Bosses have been crying out for a review of business rates at the Budget but the Chancellor dampened hopes they would be radically reformed.Rishi Sunak has announced an eye-catching "local transport revolution" to improve buses, trams and trains in the Midlands and the North. A chunky £5.7bn will be pumped directly into cities for transport improvements, while £1.2bn will be earmarked to simplify and slash fares.A whopping £5.9billion to blitz the NHS Covid backlog by launching 100 local hubs for people to get MRI, ultrasound and CT scans.HEALTH RESEARCH - £5BN

A huge amount of money will fund research and development in healthcare, including "ground-breaking projects to tackle" future pandemic threats.Youngsters have been promised £3billion to give them the tools to get jobs once they leave school. The Chancellor claims it will quadruple the number of places on skills bootcamps, create 24,000 new traineeships and fund 100,000 extra classroom hours.

 

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