It means cash-strapped buyers will only need five per cent deposits on homes up to £600,000 with the Treasury guaranteeing the rest. The move marks a return of the Help to Buy scheme scrapped in 2017. The shadow Chancellor says in Wednesday’s Budget he must SCRAP five per cent council tax increases. Business is braced for a hike in 19 per cent Corporation Tax with each extra point bringing in £3billion. Capital Gains Tax at 28 per cent could be brought in line with income tax rates with highest earners paying 45 per cent - but not until 2022.

Source: Daily Mirror February 27, 2021 22:30 UTC