Budget statement delivered by Chancellor of the Exchequer Rishi Sunak – 03 March 2021

The Chancellor of the Exchequer, Rishi Sunak MP, announced the 2021 Spring Budget. Watch the Budget with British Sign Language interpretation here: https://www.parliamentlive.tv/Event/Index/e992d8d4-d5e8-4236-a4e0-53e75df8f715. The BSL interpreted version will cover the Chancellor’s statement and the responses from the Labour and Scottish National Party leaders. The Budget, or Financial Statement, is a statement made to the House of Commons by the Chancellor of the Exchequer on the nation’s finances and the Government’s proposals for changes to taxation. The Budget also includes forecasts for the economy by the Office for Budget Responsibility (OBR). There will be four days of debate on its contents. Traditionally, the Chairman of Ways and Means (Deputy Speaker) chairs the Budget debates rather than the Speaker. A budget had been expected to take place in the Autumn of 2020, but this was deferred due to the coronavirus pandemic. To find out more about the processes and traditions of the Budget in Parliament: https://www.parliament.uk/about/how/role/check-and-approve-government-spending-and-taxation/the-budget-and-parliament/ For the House of Commons Library Analysis of Budget debates and finance bills since 1968: https://commonslibrary.parliament.uk/research-briefings/sn02271/ Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on: – Twitter: https://www.twitter.com/HouseofCommons – Facebook: https://www.facebook.com/ukhouseofcommons – Instagram: https://www.instagram/com/ukhouseofcommons Thumbnail image ©UK Parliament / Jessica Taylor