Chancellor tightens borrowing rules

Chancellor Rishi Sunak delivers his 2021 Autumn Budget and Spending Review

James Baxter-Derrington
clock • 2 min read
Chancellor Rishi Sunak
Image:

Chancellor Rishi Sunak

Chancellor Rishi Sunak has reintroduced restrictions on government borrowing after temporarily suspending them as a result of coronavirus, in the first multi-year spending review since 2015.

Speaking as part of the Autumn Budget 2021, Sunak pointed to figures from the Office for Budget Responsibility (OBR), which revised the UK growth rate forecast upwards in 2021 to 6.5% from the 4% p...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government’s DB surplus release plans, PPF levy announcements, Standard Life CEO retires

Professional Pensions
clock 31 January 2025 • 1 min read
Professional Pensions Live 2025: Registration open

Professional Pensions Live 2025: Registration open

Our flagship event is returning this year on 21 May at Convene, 155 Bishopsgate in London

Professional Pensions
clock 31 January 2025 • 1 min read
News Digest: The little-known tweak to gold-plated pensions costing retirees £50k

News Digest: The little-known tweak to gold-plated pensions costing retirees £50k

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 31 January 2025 • 1 min read
Trustpilot