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Sunak outlines plans for 'new economy' after COVID - but issues warnings

Sky News Wednesday, 27 October 2021
Chancellor Rishi Sunak has set out new government spending rules as he outlined a budget to prepare for a "new economy" after the COVID crisis.
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Rishi Sunak Rishi Sunak British Conservative politician (born 1980)

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Chancellor hails jobs plan as unemployment falls [Video]

Chancellor hails jobs plan as unemployment falls

Chancellor Rishi Sunak has welcomed the UK's latest jobs figures, which show unemployment is continuing to fall despite the furlough scheme coming to an end. He said: "Record numbers of people are in work, including 100,000 young people who have started jobs through our Kickstart scheme, so that's all testament to our plan for jobs working." Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published
Sunak going to 'rewire entire global financial system' [Video]

Sunak going to 'rewire entire global financial system'

Chancellor of the Exchequer Rishi Sunak tells COP26 he is going to "rewire the entire global financial system" for net zero by making it mandatory for firms to publish a "clear, deliverable" plan as to how they will decarbonise and become net zero. He says an independent taskforce will monitor this. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:26Published
PM on Sunak's Budget: A fiscal meteorite we cannot ignore [Video]

PM on Sunak's Budget: A fiscal meteorite we cannot ignore

Accused of "record level public spending" in next year's Budget, Prime Minister Boris Johnson says his party has had to deal with a "fiscal meteorite" as a result of having to "look after" families during the coronavirus pandemic. Mr Johnson adds it's now time to "fix it" by making investments that will "drive productivity and growth". Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:07Published
Sunak uncomfortable being high-tax, high-spending chancellor [Video]

Sunak uncomfortable being high-tax, high-spending chancellor

Rishi Sunak says he is "not comfortable" being a high-tax, high-spending chancellor, although insisted he was unable to announce tax cuts in his Budget due to the UK suffering the "worst economic shock in 300 years" throughout the Covid pandemic. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:49Published

COVID-19 COVID-19 Contagious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)

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