Chancellor Rishi Sunak prepares to present his spring budget

Chancellor Rishi Sunak prepares to present his spring budget

Assessment

Interactive Video

Social Studies

University

Hard

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Chancellor Rishi Sunak pledges to support businesses and jobs with fiscal measures, including extending furlough and grants for the self-employed. Businesses face challenges as they plan for reopening amid uncertainty. The economic outlook suggests potential tax increases, while Sunak's crafted image may face challenges as pandemic support schemes end.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What key fiscal measure did Chancellor Rishi Sunak confirm in his budget plan?

Extension of furlough until September

Reduction in corporate taxes

Increase in VAT

Introduction of a new business loan scheme

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the Chancellor's emergency help been described in relation to businesses?

A temporary relief

A burden on taxpayers

The lifeblood of firms

An unnecessary expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern do businesses have about the future as they plan for reopening?

Lack of skilled workforce

High competition from online retailers

Uncertainty about demand and potential stutters

Increased operational costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential challenge the Chancellor might face in the future?

Rising inflation rates

Decreasing public support due to tax increases

Lack of international trade agreements

Shortage of government funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key question regarding Chancellor Rishi Sunak's brand as he shifts his fiscal approach?

Can he reduce the national debt?

Will he introduce new social welfare schemes?

Can he maintain his image of generosity?

Will he focus on environmental policies?