Reducing problem gambling would create more jobs in the UK and deliver higher tax revenues for the Treasury, new economic analysis shows today.

The Chancellor delivered the UK Government's latest Budget today - his 15th major fiscal announcement - setting out plans for the final stages of economic support during the Coronavirus crisis and the forthcoming recovery. The Social Market Foundation's response to the Budget follows below.

• New Social Market Foundation report calls on Rishi Sunak to issue “sustainability-linked” bonds, which would pay out more to investors if the government does not meet its targets on decarbonising the British economy.

• Chile recently became the first country in the world to issue such a bond. The UK should follow suit and aim to be the world leader in sustainability-linked finance.

• Green finance represents a significant economic opportunity for Britain. The SMF estimates that 200,000 jobs in finance & insurance are already “green jobs”. Low carbon finance is expected to grow more rapidly than any other green sector of the economy.

Labour’s approach on Channel crossings could provide a more robust alternative to the government’s Rwanda plan in terms of achieving fair control of refugee flows, but it needs proper responsibility sharing for refugees across Europe to do so, a think tank says today.

One in five British employers has hired a Ukrainian refugee and significant numbers have taken on Hong Kong British nationals or resettled refugees, new research reveals.