Slow and Steady: How Rishi Sunak is transitioning towards a post-lockdown economy

The hotly anticipated 2021 Spring Budget brought very few surprises. The UK Chancellor, Rishi Sunak, is keen to make sure that the easing of lockdown and the reintroduction of pre-lockdown financial policies do not happen at the same time.

Therefore, the Spring Budget saw him extend many financial incentives until September. This will ensure that any later policy changes take effect after the nation has exited lockdown.

Furthermore, his extension of financial incentives will allow the economy to breathe, and enables clearer decision-making for both businesses and individuals moving forward. A slow and steady approach like this will ensure that everyone is eased back into post-lockdown life.

I’ve outlined some of the main talking points from the 2021 Spring Budget in the article below.