Rishi Sunak put Britain on a war footing against coronavirus today vowing that the UK will not fall into Italy-style chaos. Unveiling his crucial first Budget, the Chancellor insisted his plans will ensure the UK is ‘one of the best placed economies in the world’ to cope with the impact of the disease. He said … Read more
Rishi Sunak headed for the Commons to deliver his crucial first Budget under the shadow of coronavirus today. The Chancellor posed with his team outside 11 Downing Street as he pledged the measures he will set out in full this afternoon will give those on the ‘front line’ fighting the spread of the deadly disease … Read more
Rishi Sunak has promised today’s Budget will ensure the UK is ‘one of the best placed economies in the world’ to cope with the impact of coronavirus. The Chancellor said that the measures he will set out in full this afternoon will give those on the ‘front line’ fighting the spread of the deadly disease … Read more
BUDGET 2020 LIVE: The latest analysis, reaction and verdicts on the Chancellor’s speech – and what it means for you Rishi Sunak delivers his maiden Budget speech at 12.30pm Base rate has been cut to 0.25% today as coronavirus stock market panic bites Follow the latest build-up, the speech itself and the aftermath with our … Read more
Rishi Sunak will today pledge billions to shore up the economy during the coronavirus outbreak. The Chancellor, whose first Budget has had to be rewritten as the deadly virus spreads, will unveil a string of measures to try to save solid businesses from bankruptcy. He will also announce a massive £600billion boost for infrastructure. Treble … Read more
When the financial crisis of 2008 hit, the then prime minister Gordon Brown was ready with the big bazooka. With two of the nation’s biggest banks, Royal Bank of Scotland and Lloyds-HBOS just hours from running out of cash, the then Labour government launched a near one-trillion-pound rescue package for big banks, business and consumers. … Read more
Rishi Sunak will use his first Budget tomorrow to turn on the Treasury’s spending taps and pledge to invest ‘hundreds of billions of pounds’ on improving the UK’s critical infrastructure. The new Chancellor will announce plans to invest ‘record amounts’ in the nation’s roads, railways, broadband, housing and research. The government wants the spending spree … Read more
Chancellor Rishi Sunak (pictured in Downing Street this week) is preparing to pump billions of pounds into the NHS and business in a ‘coronavirus Budget’ tomorrow Chancellor Rishi Sunak will unveil a stripped-back Budget tomorrow with money for flood defences, faster broadband and tougher community sentences. The coronavirus crisis is set to be the main … Read more
Chancellor Rishi Sunak will use £100m of Budget to toughen up community sentences with stricter curfews on newly released prisoners and ‘sobriety tags’ Rishi Sunak to ‘toughen up community sentences’ in Britain’s budget tomorrow Chancellor will set aside £100million to bolster the probation service Convicted criminals released from prison will face tighter constraints on licence … Read more
Who would be in Rishi Sunak’s shoes? The young Chancellor – he is yet to turn 40 –has only been in Number 11 for about a month, after the previous occupant unexpectedly resigned. No wonder he has been fortifying himself with cups of strong Yorkshire Tea. By all accounts he is a sharp and impressive … Read more