{"componentChunkName":"component---src-templates-post-js","path":"/its-budget-day/","result":{"data":{"ghostPost":{"id":"Ghost__Post__603f4c08f838b600384e8cbb","title":"It's budget day","slug":"its-budget-day","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/03/395.png","excerpt":"Plus: vaccine passport plans in the making, and guarantor loans top complaints chart.","custom_excerpt":"Plus: vaccine passport plans in the making, and guarantor loans top complaints chart.","created_at_pretty":"03 March, 2021","published_at_pretty":"03 March, 2021","updated_at_pretty":"03 March, 2021","created_at":"2021-03-03T08:42:48.000+00:00","published_at":"2021-03-03T09:17:26.000+00:00","updated_at":"2021-03-03T09:28:51.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"The 1-minute read to get the money news you need with expert adviser commentary.\n\nFurlough extension\nRishi Sunak will deliver his budget speech\n[https://www.bbc.co.uk/news/business-56259094] at around 12.30pm today. He’s set\nto announce a 6-month extension to the furlough scheme, plus extra support for\nthe self-employed. He’ll outline a 3-point plan to help the country recover,\npromising to use “full fiscal firepower” to protect jobs and livelihoods. The\nother headlines to look out for: possible extensions to the stamp duty holiday\nand the £20 Universal Credit uplift.\n\nUK’s most-hated\nThere’s a new winner at the top of the complaints chart according to the\nFinancial Ombudsman Service (FOS). Guarantor loans have overtaken PPI\n[https://www.reuters.com/article/uk-britain-finance/guarantor-loans-surge-to-top-of-uk-financial-complaints-chart-idUSKCN2AV00B]\n, the previous favourite which dominated for over a decade. Many turned to the\nloans during the pandemic, requiring friends and family to step up and take on\nthe risk.\n\nVaccine passports\nDreaming of hot sunshine and beaches? A “digital green pass” could make it\nhappen; opening up European travel\n[https://inews.co.uk/news/uk/digital-vaccination-passport-pave-way-uk-tourists-europe-summer-holidays-895354] \nfor anyone who’s had the jab. Lots of countries - including the UK - are working\ntogether on this, and will present plans later this month.\n\nRecord-breaking binge\nWe spent £9.3 billion\n[https://www.cityam.com/pandemic-binge-watching-drives-uk-entertainment-spend-to-record-high/] \non entertainment such as films, music, and gaming in 2020 - a record high,\ndriven by lockdown binge-watching and streaming. It’s the sector’s eighth year\nof growth in a row, with an 18% boost in spending.\n\nFly me to the moon\nFancy a free trip to the moon? Billionaire Yusaku Maezawa is seeking 8 fellow\npassengers to join him on a SpaceX flight\n[https://www.bbc.co.uk/news/world-asia-56261574] around the moon in 2023. He’s\npaid for the whole thing, and says he wants people of all backgrounds to apply.","html":"

The 1-minute read to get the money news you need with expert adviser commentary.

Furlough extension

Rishi Sunak will deliver his budget speech at around 12.30pm today. He’s set to announce a 6-month extension to the furlough scheme, plus extra support for the self-employed. He’ll outline a 3-point plan to help the country recover, promising to use “full fiscal firepower” to protect jobs and livelihoods. The other headlines to look out for: possible extensions to the stamp duty holiday and the £20 Universal Credit uplift.

UK’s most-hated

There’s a new winner at the top of the complaints chart according to the Financial Ombudsman Service (FOS). Guarantor loans have overtaken PPI, the previous favourite which dominated for over a decade. Many turned to the loans during the pandemic, requiring friends and family to step up and take on the risk.

Vaccine passports

Dreaming of hot sunshine and beaches? A “digital green pass” could make it happen; opening up European travel for anyone who’s had the jab. Lots of countries - including the UK - are working together on this, and will present plans later this month.

Record-breaking binge

We spent £9.3 billion on entertainment such as films, music, and gaming in 2020 - a record high, driven by lockdown binge-watching and streaming. It’s the sector’s eighth year of growth in a row, with an 18% boost in spending.

Fly me to the moon

Fancy a free trip to the moon? Billionaire Yusaku Maezawa is seeking 8 fellow passengers to join him on a SpaceX flight around the moon in 2023. He’s paid for the whole thing, and says he wants people of all backgrounds to apply.

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