Javid confirms Budget date

The new Government's first Budget will be delivered on 11th March 2020; it will "usher in a decade of renewal" says Chancellor Sajid Javid.

"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...

Chancellor Sunak has promised to cut taxes, not raise them in the coming years. But the country's biggest house-builders will have profits taxed 4% to help pay for the cladding scandal.