UK’s Sunak: no return to austerity in new spending plan

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UK’s Sunak: no return to austerity in new...
 © CyprusMail 2020
British finance minister Rishi Sunak said there would be no return to austerity and instead he will announce “quite a significant” increase in funding for public services in a one-year spending plan on Wednesday.

“You will not see austerity next week,” Sunak told Sky News television on Sunday. “What you will see is an increase in the government’s spending on day-to-day public services, and quite a significant one, coming on the increase that we had last year.”

Sunak will announce the heaviest public borrowing since World War Two after Britain suffered the...


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UK’s Sunak: no return to austerity in new spending plan


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Article Tags: sunak, return, austerity, spending,