Rishi Sunak warns the ‘economic shock’ of Covid bailouts will be ‘laid bare’

Rishi Sunak has warned of tax rises in the spring and joked about having to confiscate Boris Johnson’s credit card to kerb his spending.  The Chancellor made the quip as he prepares to reveal his plan to balance the books and recover from the pandemic in his spending review on Wednesday. He hinted that taxes … Read more

Rishi Sunak warns against accepting a post-Brexit EU trade deal ‘at any price’  

Rishi Sunak warns against accepting a post-Brexit EU trade deal ‘at any price’ with both sides reaching for an agreement as he says the UK economy will prosper ‘in any eventuality’    He spoke today amid ongoing talks between both sides in search of a deal Told the BBC UK has been consistent, adding: ‘we … Read more

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s spending

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s desire to turn on the spending taps as he prepares to outline coronavirus economic plans The Chancellor made the quip ahead of spending review on Wednesday  Mentioned elf-on-the-shelf toy which makes sure his two children are behaving Asked if PM … Read more

TUC chief refuses to rule out wave of union-backed STRIKES if Rishi Sunak freezes public sector pay

Britain could be hit by a wave of strike action if Rishi Sunak goes ahead with a public sector pay freeze, a senior trade union leader warned today. Frances O’Grady, the TUC president, lashed out at reports suggesting that only doctors and nurses will escape a throttling of pay as the Government seeks to balance … Read more

Boris Johnson is downgrading The Quad – him, Rishi Sunak, Michael Gove and Matt Hancock

Farewell (and good riddance) to government by The Quad: Boris Johnson is downgrading ‘gang of four’ – himself, Rishi Sunak, Michael Gove and Matt Hancock – to include more colleagues in decision-making ‘Gang of four’ are PM, Chancellor Rishi Sunak, Health Secretary Matt Hancock and Cabinet Office Minister Michael Gove Boris Johnson wants to include … Read more

Rishi Sunak warns taxes WILL rise in the spring

Rishi Sunak has hinted that taxes could rise in the Spring as Britain attempts to balance the books following the coronavirus crisis. The Chancellor is set to outline a £100billion plan for long-term infrastructure investment and a £3billion package of new spending to support the NHS in recovering from the pandemic.    But in an interview … Read more

UK Economy: Rishi Sunak to rewrite Treasury’s rules to help North

Rishi Sunak is set to rewrite Treasury’s rules to ‘level up’ the North: Chancellor will use spending review to ensure investment in infrastructure previously skewed towards London and South East Rishi Sunak set to abolish the Treasury’s ‘Green Book’ rules on public investment Critics say the rules have favoured pumping investment into wealthier areas Treasury … Read more

Rishi Sunak faces union fight over pay squeeze for five million public sector workers

Unions squared up for a fight with Rishi Sunak today as it was revealed millions of public sector workers face a pay squeeze to help pay for the coronavirus pandemic. Chancellor Rishi Sunak plans to use next week’s spending review to unveil a new era of ‘pay restraint’ to plug the black hole in the public finances … Read more

Rishi Sunak considers plan to charge motorists for every mile they drive on Britain’s roads

Young people have fuelled a decline in car ownership among nearly a third of England’s population, as they turn instead to electric scooters and bicycles, new figures reveal.  The number of private cars owned by individuals fell in areas that account for 31.5% of the population of England – or 16 million people – according to … Read more

Rishi Sunak is warned not to scrap duty-free shopping as it would place 50,000 jobs in peril

More than 40 Tory MPs have warned Rishi Sunak that axing duty-free shopping could cost up to 50,000 jobs. They say the Chancellor’s decision to scrap the system next year will make Britain less attractive to international visitors. The move could affect not just London, but airports and shopping centres throughout the country including in … Read more