Analysing the UK Budget 2021


The UK India Business Council (UKIBC) is delighted to present our next webinar which will examine the upcoming UK Budget announcement with our members, ICICI Bank (UK) Plc and Prager Metis LLP.

On 3rd March, Rishi Sunak will deliver the UK budget for 2021. Over the past year, the Chancellor has had to borrow more money than ever before in peace-time. Whilst there might be an urge to start to recoup some of that spending, many say now is the not the right time. There were 4.7m UK workers on the furlough scheme in January 2021, which is likely to be extended whilst restrictions are still in force.

Join us to hear from our industry experts, Loknath Mishra, Managing Director and CEO, ICICI Bank UK Plc, and Arvinder Matharu, Tax Director, Prager Metis LLP, who will:

  • Delve into the UK Budget;
  • Discuss what it means for companies in the UK and foreign investors; and
  • Debate the direction of travel it will set for the UK economy as it emerges from lockdown

To secure your place on this webinar, please register here!

our Experts

Loknath Mishra, Managing Director and CEO – ICICI Bank UK Plc

Loknath Mishra is the Managing Director and CEO of ICICI Bank UK PLC. Mr. Mishra is also a Non-Executive Director on the Board of Association of Foreign Banks in UK and is Chair of FICCI UK Finance committee.

ICICI Bank UK PLC is a 100% subsidiary of ICICI Bank Limited. The UK Bank has seven branches and four business centres in UK and one in Germany. The Bank is focused on serving India Europe corridor for remittance, trade and investment between India and Europe. The Bank has taken several initiatives in past few years and has emerged as a banker of choice for Indian community in UK as also for Indian business owners, trade counter parties and MNC & private equity funds seeking to invest in India. ICICI Bank works very closely with various organization like Indian High Commission (banking partner for Access India Programme), UK India Business Council, UK Export Finance, FICCI/CII, IPF, CBI and various other organizations to promote this corridor.

Mr. Mishra is actively involved in various initiatives as mentioned above and is well known among all key stakeholders in UK. He is also a regular speaker at various forums of areas of common interest of India UK relationship.

Arvinder Matharu, Tax Director – Prager Metis LLP

Arvinder Matharu, FCCA is a Director in the Tax Department of Prager Metis LLP, a member of Prager Metis International Group. He has been in the accounting industry for over 10 years.

Arvinder focuses on providing tax consultancy on a range of issues to include trusts and estates, inheritance tax planning, capital gains tax, remittance basis and non-domiciled planning, residency planning, advising on R&D tax credits, review of tax minimization strategies for US nationals living in the UK.

Arvinder prides himself on explaining complex tax advice in a manner that the client can understand and take action from. He has authored several articles in this area.

Outside of work Arvinder enjoys spending his days with his wife and two daughters, whether it be going for a jog or reading a great book.

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