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UK Economy Expected To Grow By 4 Percent In 2021

LONDON, UNITED KINGDOM - MARCH 04, 2021: A view of the Bank of England in the City of London a day after the announcement of corporation tax increase from 19% to 25% for the most profitable companies from April 2023 in Rishi Sunak's Budget, on 04 March, 2021 in London, England. The Chancellor's tax and spending plans focus on measures to support the UK's economic recovery from the slump caused by the coronavirus pandemic with furlough scheme extended until September and budget deficit expected to reach a record of £355bn this year. (Photo by WIktor Szymanowicz/NurPhoto)

Photo ID	#6492470
Date Taken	4 March 2021
Location	N/A
Photographer	WIktor Szymanowicz/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - WIktor Szymanowicz/NurPhoto

Budget COVID-19 Coronavirus England Great Britain London Spring Budget Spring Statement UK United Kingdom business economic policy economy finance fiscal policy lockdown pandemic public finances recovery City of London Chancellor's tax budget deficit Bank of England Rishi Sunak's Budget announcement of corporation tax increase measures slump day furlough scheme coronavirus pandemic UK's economic recovery record spending plans WIktor Szymanowicz NurPhoto view profitable companies UNITED KINGDOM bn year