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Tag: chancellor
Chancellor Rishi Sunak has unveiled a £30bn package to help the economy get through the coronavirus outbreak. He is abolishing business rates for many firms in England, extending sick pay and boosting NHS funding. He warned of a significant but temporary disruption to the UK economy but vowed: “We will...
PHILIP Hammond has said there will be no “real terms” increase in public spending apart from on the NHS. The chancellor used his Budget on Monday to say that austerity was coming to an end. But Labour’s shadow chancellor John McDonnell rejected his claims, saying more welfare cuts were coming...
Paper expected to signal at least one aspect of cabinet row has been resolved after chancellor confirmed UK would be ‘outside customs union’
The UK’s Chancellor of the Exchequer, Philip Hammond met the local media in North London as part of a press conference on Thursday, 1st June.