Page 18 - Latest Updates on Rishi Sunak
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
 "Rishi Sunak plans new investment bank for UK infrastructure projects")
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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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
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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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.
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
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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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
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
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
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
Covid-19: Britain enters recession as GDP tumbles 20.4%, worst in Europe
Brace for more job losses, says Sunak
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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
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'
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
Wimbledon invents a time machine
Over the past fortnight, the All England Club has been live streaming via Wimbledon.com a retrospective of tennis matches dating back to its centenary in 1977
Hold your holiday horses: Take a Covid test before you take a break
Is there a need to start a tourism wing for Covid-19 testing at this point, asks Nivedita Mookerji.
Rishi Sunak unveils 1.57 bn pounds arts, culture Covid-19 rescue package
Rishi Sunak has unveiled a 1.57-billion pounds rescue package of emergency grants and cheap loans for arts, culture and heritage industries to help them weather the impact of coronavirus lockdown.
UK FM Rishi Sunak to delay post-coronavirus recovery package until autumn
UK Prime Minister Boris Johnson on May 27 promised a post-coronavirus recovery package
Infosys among UK firms accessing Rishi Sunak's Covid-19 job saving scheme
Under the provisions, the government covers 80 per cent of salaries of furloughed staff, up to the value of GBP 2,500 a month, in order to prevent companies having to resort to redundancies
