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Page 34 - Latest Updates on Rishi Sunak

World Coronavirus Dispatch: Growing disquiet over Oxford-Astra vaccine data

Covid passports seen key to resuming travel, Sewage testing may offer early signs of outbreaks, IBM to shed 10,000 jobs in Europe, and other pandemic-related news across the globe

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Updated On : 26 Nov 2020 | 3:06 PM IST

Rishi Sunak allocates funds for UK's Counter Terrorism Operations Centre

UK Chancellor Rishi Sunak has announced to set aside millions of pounds to establish a world-leading Counter Terrorism Operations Centre (CTOC) based in London

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Updated On : 26 Nov 2020 | 10:08 AM IST

UK will suffer its deepest recession in more than 300 years: Rishi Sunak

Says health emergency not over yet & economic emergency has only just begun

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Updated On : 26 Nov 2020 | 2:07 AM IST

Britain wants to agree a European Union free-trade deal: FM Rishi Sunak

Britain wants to strike a free-trade deal with the European Union, but the short-term impact of not doing so will be overshadowed by the Covid-19 pandemic, British Finance Minister Rishi Sunak said

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Updated On : 23 Nov 2020 | 8:58 AM IST

No return to austerity in new spending plan, says UK's Rishi Sunak

Says constructive Brexit deal will 'hopefully' come

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Updated On : 23 Nov 2020 | 1:54 AM IST

Rishi Sunak plans new investment bank for UK infrastructure projects

UK Chancellor Rishi Sunak is set to unveil a new National Infrastructure Strategy next week for an estimated 100-billion pounds worth of long-term investment

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Updated On : 21 Nov 2020 | 9:57 PM IST

UK's Rishi Sunak to address parliament as lockdown pressure mounts

Britain's main furlough programme ends this month, despite a resurgence in coronavirus cases that has led to a wave of restrictions that have fallen especially heavily on the hospitality industry

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Updated On : 22 Oct 2020 | 2:24 AM IST

UK budget deficit hits $271 billion in H1FY21 amid calls for more aid

Borrowing in September alone was 36.1 billion pounds, the Office for National Statistics said Wednesday

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Updated On : 22 Oct 2020 | 12:43 AM IST

UK finance minister Sunak offers Covid-hit companies more help to keep jobs

Sunak had previously resisted calls to increase the generosity of the government's support schemes amid fast-rising job losses

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Updated On : 09 Oct 2020 | 8:53 PM IST

Sunak's winter economy plan: Job scheme, extended loans for firms

Economists - and the chancellor himself - warned Thursday's package, while saving some jobs, won't stop a wave of redundancies when the current more generous program ends.

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Updated On : 25 Sep 2020 | 2:02 AM IST

Rishi Sunak unveils new wage top-up scheme to save Covid-hit jobs in UK

Nearly three million workers - or 12 per cent of the UK's workforce - are currently on partial or full furlough leave, the BBC reported

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Updated On : 24 Sep 2020 | 7:51 PM IST

One in five UK firms can barely cover debt-interest payments, says report

Borrowing taken on since the Covid lockdown began in March threatens to push 4.3 per cent of companies, employing 1.8 million people, into technical insolvency

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Updated On : 11 Sep 2020 | 1:47 AM IST

UK's Rishi Sunak considers sweeping tax hikes to plug Covid-19 hole

Tax hikes suggested by Treasury officials could raise an extra 20-30 billion pounds a year and some of them could be announced in an autumn budget statement by Sunak

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Updated On : 30 Aug 2020 | 10:52 PM IST

UK treasury officials pushing for tax hikes to offset Covid impact: Report

Such hikes will enable the exchequer to raise at least 20 billion pounds ($26.70 billion) a year, and some could be introduced in the November budget, the Sunday Telegraph said

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Updated On : 30 Aug 2020 | 2:34 PM IST

UK looking to drop 'Facebook tax' in favour of post-Brexit deal: Report

Britain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are US companies

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Updated On : 24 Aug 2020 | 12:01 AM IST

Rishi Sunak told ending furlough puts 2 million viable jobs in peril

Removing the support early would 'cause long-lasting damage to the economy and to people's lives,' the report said

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Updated On : 17 Aug 2020 | 1:23 AM IST
Updated On : 13 Aug 2020 | 12:44 AM IST

Hard times here, jobs will be lost, says Sunak as UK plunges into recession

It marks the first time in 11 years that the UK has tipped into a recession, which is defined by two consecutive three-month periods of falling GDP

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Updated On : 12 Aug 2020 | 3:30 PM IST

Rishi Sunak calls for Mahatma Gandhi on UK coins, writes to Royal Mint

The move follows a letter to the Indian-origin finance minister from the 'We Too Built Britain' campaign calling for a set of coins entitled 'Service to the Nation'

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Updated On : 03 Aug 2020 | 1:06 AM IST

With the worst of Covid-19 yet to come, clear communication would help

The contrast of a virus as agile as something out of a myth and government edicts that seem slow-footed is a worldwide phenomenon

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Updated On : 18 Jul 2020 | 7:28 AM IST