Rishi Sunak - Page 12

The International Monetary Fund (IMF) has predicted that Brexit Britain will grow faster than the Eurozone as well as the United States by next year, despite having one of the steepest contractions of any major Western nation during the Chinese

Chancellor of the Exchequer Rishi Sunak has said the furlough scheme was extended because “things might change”, suggesting that the UK might not see the full lifting of all coronavirus restrictions by June 21st.

Britain has suffered its biggest economic collapse in over three hundred years — since the Great Frost of 1709 when the Thames froze over.

The UK govt’s corona spending will rise to £407bn, the Chancellor has said, and years of tax rises are on their way to pay for it. 

Despite election promises, the UK Conservative party has increased taxes more often than it cut them in its near-11 years of rule.

The unemployment rate rose for a six straight month in December as renewed coronavirus restrictions shut down most businesses.

The UK economy suffered its biggest decline in more than 300 years as the pandemic closed shops and restaurants, and curtailed manufacturing.

Britain’s Chancellor of the Exchequer is “concerned” that health technocrats are “moving the goalposts” in order to justify keeping the country locked down, reports suggest.

The burden on the British taxpayer has hit levels not seen in 70 years, yet the Treasury secretary is considering tax hikes to make up for the massive budget shortfalls incurred during the Chinese coronavirus crisis and the ensuing lockdowns.

Britain’s chancellor wants to “wean us off the magic money tree” after nearly a year of unprecedented spending in response to the coronavirus lockdown, a policy which saw government borrowing rise by a near-record £34 billion in December alone.

The “sexist” European Union tax on tampons has been abolished in the United Kingdom following the departure from the bloc at the end of the Brexit transition period.

The number of people in the U.K. who lost their jobs hit a record high in the three months through October.

The United Kingdom’s economic emergency is “just beginning”, according to Chancellor of the Exchequer Rishi Sunak, who predicted that unemployment will rise by over one million in the coming months.

Chancellor of the Exchequer Rishi Sunak has said Britain will prosper without a deal with the EU and will not accept one “at any price”, predicting that the Chinese coronavirus will be more economically impactful going into 2021 in any case.

Prime Minister Boris Johnson is currently considering a short-term cut to foreign aid spending amidst huge budgetary shortfalls due to the economic damage caused by the Chinese coronavirus and the ensuing lockdown restrictions. The government is drafting plans to decrease

Britain’s de-facto Brexit chief has implored the European Union to show “flexibility” to sign a trade deal in the coming days.

Around two-and-a-half million coins emblazoned with the words ‘DIVERSITY BUILT BRITAIN’ will be released into circulation on Monday to celebrate the “contribution made by ethnic minority communities to Britain’s history”.

The British government may need to increase taxes by over £40 billion per year in order to prevent the debt accrued during the China virus lockdowns from “spiralling upwards”, the Institute for Fiscal Studies (IFS) warned in a report.

LONDON (AP) — Mayors representing big cities in northern England have slammed the British government’s latest wage support package for employees in businesses that may be ordered to close as part of efforts to suppress local coronavirus outbreaks.

It’s no longer a question of ‘if’ but when the ailing, flailing UK Prime Minister crashes and burns.

LONDON (AP) – The British economy did not contract as much as originally thought during the second quarter of the year when coronavirus lockdown measures were at their most intense – though the slump remained the worst on record. The

LONDON (AP) — Britain’s top Treasury official is preparing to announce new plans to help workers hurt by the COVID-19 pandemic.

The Treasury is reportedly considering tax rises to the tune of up to £30 billion to cover the cost of the government’s coronavirus response spending spree, with the department even contemplating raising the tax on petrol which would affect millions of ordinary Britons.

Despite coronavirus being significantly less lethal than a pandemic outbreak predicted by top government planners, the UK was still caught unprepared in 2020 in a failure that a parliamentary scrutiny committee categorised as “astonishing”.

The UK govt unveiled a raft of measures it hopes will limit an anticipated spike in unemployment as a result of the coronavirus pandemic.

No good can possibly come of subsidising luvvies — British English for self-important actors — to produce more endlessly woke agitprop.

The Chancellor has found an ingenious scheme to ensure the UK never recovers from the lockdown: a ‘green industrial revolution.’

Things we could never have predicted: that in 2020 basket-case nations would provide a better example of governance than many Western states.

The PM is being lobbied by colleagues to not ramp up taxation to pay off the huge extra spending incurred for coronavirus aid. 

The UK economy is heading for the ‘recession to end all recessions’ with GDP predicted to plunge by nearly one third this quarter.

The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the final quarter of 2008.

The UK has extended the furlough scheme, which sees employers paid by the govt to not fire their staff during the coronavirus lockdown. 

Almost a quarter of all British employees have been ‘furloughed’ in two weeks, meaning over half of the British adult population is now being paid by the government, possibly the highest proportion ever.

Chancellor of the Exchequer Rishi Sunak has confirmed that Boris Johnson’s government is “committed” to the EU negotiations timeline, adding the reminder that “we’ve left the European Union”.

Government projections reveal the British economy is facing a historic economic downturn as a result of coronavirus, and the lockdown.

UK PM Boris Johnson is now sitting up in bed, his condition said to be improving, according to the latest statement on his health.