Chancellor Rishi Sunak warns £280billion bill for Covid support measures will have to be paid

Britain’s public finances will face ‘enormous strains’ in the wake of the third national lockdown, the Chancellor has warned. Ahead of Wednesday’s Budget announcement, Chancellor Rishi Sunak said a bill for the Government’s £280bn investment in coronavirus support will eventually have to be paid, with low interest rates leaving the nation’s finances ‘exposed’. Mr Sunak … Read more

Chancellor Rishi Sunak warns £280billion bill for Covid support measures will have to be paid

Britain’s public finances will face ‘enormous strains’ in the wake of the third national lockdown, the Chancellor has warned. Ahead of Wednesday’s Budget announcement, Chancellor Rishi Sunak said a bill for the Government’s £280bn investment in coronavirus support will eventually have to be paid, with low interest rates leaving the nation’s finances ‘exposed’. Mr Sunak … Read more

Covid UK: Rishi Sunak rejects wealth tax to cover the £280billion spent fighting coronavirus 

Rishi Sunak rejects wealth tax: Chancellor WON’T bring in a one-off levy to cover the £280billion spent fighting coronavirus Rishi Sunak rejected proposal for emergency wealth tax to recover £280billion  Presented with plans for one-off levy on those with assets more than £500,000 or more £1million for a couple  including their family home and pension Told … Read more

Rishi Sunak rejects wealth tax to cover the £280billion spent fighting coronavirus 

Rishi Sunak rejects wealth tax: Chancellor WON’T bring in a one-off levy to cover the £280billion spent fighting coronavirus Rishi Sunak rejected proposal for emergency wealth tax to recover £280billion  Presented with plans for one-off levy on those with assets more than £500,000 or more £1million for a couple  including their family home and pension Told … Read more

American billionaires have gotten $280BILLION richer since the start of the pandemic 

American billionaires are enjoying multi-million dollar increases to their net worth as the country’s unemployment levels rise to record highs amid the coronavirus lockdowns Eight ‘pandemic profiteers’ have seen their net worth surge by over $1billion each since the start of the global pandemic.   Amazon founder Jeff Bezos, 56, has added $25billion to his own … Read more