David Cameron texted Rishi Sunak lobbying him to grant hundreds of millions of taxpayer-funded loans to stricken financial firm Greensill before it went bust The former prime minister is said to have texted the Chancellor’s private mobile Mr Sunak ignored most of the messages and instead referred him to officials Labour called for an inquiry … Read more
Rishi Sunak vows to balance the books as Government breaks ANOTHER borrowing record with £19.1billion racked up in February and UK’s national debt hitting £2.13TRILLION Borrowing was £19.1billion in February the highest on record for the month Rishi Sunak insisted he will return public finances to a more sustainable path The UK’s debt mountain has … Read more
Britain faces another tax hike due to a £4billion black hole in Rishi Sunak’s Budget spending plans, an influential think tank warned today. The Institute for Fiscal Studies said the shortfall for the 2022−23 financial year went ‘entirely unmentioned’ in the Chancellor’s speech to the Commons on March 3. If the spending plan is followed … Read more
Britain faces another tax hike due to a £4billion black hole in Rishi Sunak’s Budget spending plans, an influential think tank warned today. The Institute for Fiscal Studies said the shortfall for the 2022−23 financial year went ‘entirely unmentioned’ in the Chancellor’s speech to the Commons on March 3. If the spending plan is followed … Read more
Chancellor Rishi Sunak may offer health workers a one-off bonus to defuse the row over NHS pay Unions angered by a proposed one per cent rise for NHS, threatening strikes In response, Ministers said rest of the public sector was having a pay freeze Sources claim a one off bonus could avoid a U-turn and … Read more
Rishi Sunak admitted today that working from home is here to stay and Britons are ‘probably not’ going to spend five days a week in the office after the pandemic disappears. The Chancellor said he was a fan of the positives that communal working brings but admitted that changes made during the last year would probably stay at … Read more
Rishi Sunak today stoked hopes a £180billion consumer boom will fuel the UK’s recovery – but admitted that fears of mass unemployment ‘keep me up at night’. The Chancelllor voiced optimism that a fast bounceback will fueled by the huge savings warchest built up by those who have kept working through the pandemic. But he … Read more
Rishi Sunak today stoked hopes a £180billion consumer boom will fuel the UK’s recovery – but admitted that fears of mass unemployment ‘keep me up at night’. The Chancelllor voiced optimism that a fast bounceback will fueled by the huge savings warchest built up by those who have kept working through the pandemic. But he … Read more
The long-term hit from coronavirus should be smaller than previous recessions despite the massive downturn, the Bank of England governor said today. Andrew Bailey said although the UK has suffered the worst slump in 300 years due to the pandemic the lasting impact is likely to be less than the 1980s. And he suggested unemployment … Read more
Head of the NHS Confederation Danny Mortimer (pictured) said that official waiting list could swell to unprecedented levels Health bosses have warned of a ‘hidden’ waiting list of six million patients who haven’t come forward for treatment could flood NHS later this year. Head of the NHS Confederation Danny Mortimer said that official waiting list could … Read more