CREWE'S MP Kieran Mullan says his government's budget is one that "supports jobs and businesses and protect people's livelihoods".

Chancellor Rishi Sunak delivered his budget speech today at the House of Commons where he outlined the support available during which will hopefully be the final stage of the pandemic.

He spoke of how coronavirus has "fundamentally changed our lives" and promised to do "whatever it takes" to help the economy.

The economy should return to pre-Covid levels by the middle of next year according to the Office of Budget Responsibility.

The Crewe and Nantwich MP described the plans as "extraordinary measures" that carries on the Conservatives work on "rebuilding public finances over the past decade".

"These were tough times for everyone, particularly public services. But it has meant we had the financial firepower we needed to protect livelihoods and jobs during this emergency. People should remember they contributed to that," said the MP.

"What the Chancellor has shown today is that we are going to carry on supporting jobs and businesses and protect people's livelihoods.

"We are going to help people get back on their feet. We are sticking to our manifesto pledges and not raising income taxes to help people and families keep more of the money they earn.

"The tax rises we have set out are targeted at the very biggest and most profitable businesses because we know smaller businesses need to help us get our economy back on track.

"This is a budget that delivers for hard working families and businesses and sets us up to get back to growth and success as we come out of the lockdown."

Here are the key points of the budget for you and your business:

The economy is expected to grow by four per cent this year.

Furlough

The furlough scheme will be extended until the end of September.

There will be no change to terms for employees but businesses will be asked to contribute when they reopen but not until July.

This contribution will be 10 per cent in July and then 20 per cent in August and September

Self-Employed

Self-employed people will be provided with two extra grants until September.

The grants will be targeted over the summer with those making up their losses receiving less from the government.

Over 600,000 more people can now claim these grants according to the Chancellor.

Low-income households

The Universal Credit increase will stay in place for the next six months.

The national living wage will be increased to £8.91.

The chancellor is doubling incentive payments for businesses who hire apprentices to £3,000.

Businesses

Restart grants will be given in April to reopening business.

£6,000 will be given to non-essential retail per premises while hospitality will receive an £18,000 grant due to them opening a month later.

Arts, culture and sports will be given £700 million as a 2030 World Cup Bid from the UK and Ireland will be backed by the government.

A new recovery loan scheme will also be offered to business - the figures range between £25,000 and £10 million.

The 100 percent business rates holiday will continue until June then reduced to 66 percent until next year.

The five percent reduced VAT rate for hospitality will be extended to September.

Housing

The stamp duty holiday will continue to June and then properties up to £250,000 until September.

Governments will guarantee 95 per cent mortgages to lenders.