BRITAIN’S high streets must be at the heart of the nation’s economic recovery.
So we welcome the £5billion lifeline for bricks-and-mortar shops and pubs that Rishi Sunak will announce in Wednesday’s Budget.
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Chancellor Rishi Sunak must target any tax grabs at those who have made massive profits from Covid as he spells out Wednesday’s BudgetCredit: EPA
Some 700,000 hard-up businesses could pocket up to £18,000 under the scheme. Boris Johnson has staked his political future on improving life for those far from London and the affluent South East.
As one aide to the PM said: “If Darlington high street isn’t visibly better in four years’ time, we’ll be in trouble.”
But this must not be the Chancellor’s sole objective for the Budget. He is walking a tightrope between stimulating spending and tackling our staggering £2trillion national debt.
As he pointed out yesterday, a one per cent hike in interest rates would increase the cost of managing the debt by £25billion — almost £48,000 every minute.
On Wednesday Rishi must spell out how the Government will begin to claw some revenue back. If the Chancellor is not to strangle the recovery at birth, he must target any tax grabs at those who have made massive profits from Covid.
Online giants such as Amazon must be finally forced to pay their fair share instead of shielding huge profits in complex accounting structures.
In his interview yesterday the Chancellor said he believed last year’s Budget would be “the hardest thing professionally I would have to do in my life”.
Trust us Rishi, you ain’t seen nothing yet.
THE education of Britain’s children should be above politics.
Only a craze political opportunist like Martin Powell-Davies would use a pandemic as an excuse to call strikes to reduce class sizesCredit: PA:Press Association
He wants reduced class sizes until Covid infection rates drop to unrealistically low levels, and he has called for strikes in the event of a spike in cases.
The majority of teachers are hard-working and keen to re-open schools to give their pupils the best chance in life.
But some feel pressurised by union hardliners who seek to exploit the weakness of Education Secretary Gavin Williamson for their own hard-left ends.
Compare that to the can-do attitude of the 12million ordinary Brits who volunteered during the pandemic last year.
Or the tens of thousands going the extra mile to make the vaccine rollout a huge success, such as our own Jabs Army.
Only a crazed political opportunist would use this crisis as the excuse to call a strike.
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