Budget welcomed by King's Lynn's MP
He feels it'll help the tourism sector
North West Norfolk's MP has welcomed the Chancellor's Budget.
James Wild is particularly welcoming the extra help for the tourism sector, which the county relies on.
He said:
"This Budget will help protect families, jobs, and businesses in North West Norfolk as part of a huge package of over £400 billion of support this year and next.
"Measures including extending the £20 a week Universal Credit uplift, continuing the furlough scheme, and widening access to self-employment support will give people the support they need to get through the pandemic.
"It is great news for our tourism and hospitality sector that the VAT cut and business rate holiday which I campaigned on have been extended. The new restart grants will help firms to bounce back.
"The Budget shows the government's commitment to growth across the country. King's Lynn and West Norfolk is in the top priority group for the new Levelling Up fund for projects up to £20 million and has been granted £125,000 to support the development of bids.
"The Chancellor was also honest about the challenges facing the public finances due to this unprecedented support and the damage done to the economy by Covid and the steps we need take to start fixing them once on the road to recovery.
"With further measures to boost business investment, improve productivity, and to encourage firms to take on more apprentices and trainees this Budget lays the foundations for the recovery and our future economy."