Rishi Sunak has unveiled a £65bn boost for Covid-hit businesses and workers at the Budget but also warned he will soon begin the painful process of repairing the public finances.

The Chancellor unveiled extensions to the furlough scheme, business rates relief, the £20 boost to weekly Universal Credit payments and the stamp duty holiday. A tax relief to spur business investment, a new loan guarantee scheme and the location for the Government's northern hubs were also announced

However, Mr Sunak started to shore up the public finances, announcing a tax hike for large businesses in 2023 and a "stealth tax" on workers.

For more on what the key announcements, click here: https://www.telegraph.co.uk/business/2021/03/03/budget-2021-summary-key-changes-highlights-glance/

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