British finance minister says public finances need to be made sustainable after COVID

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Britain's public finances need to be put on a sustainable path over time, finance minister Rishi Sunak said on Friday, adding that unprecedented support for the economy through the COVID-19 pandemic had been responsible.

FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak speaks at the House of Commons in London, Britain, October 22, 2020. UK Parliament/Jessica Taylor/Handout via REUTERS

LONDON - Britain’s public finances need to be put on a sustainable path over time, finance minister Rishi Sunak said on Friday, adding that unprecedented support for the economy through the COVID-19 pandemic had been responsible. “We’ve provided over 200 billion of support to protect the economy, lives and livelihoods from the significant and far reaching impacts of coronavirus,” Sunak said.

“This is the responsible thing to do, but it’s also clear that over time it’s right we ensure the public finances are put on a sustainable path.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I can't disagree with a single word of his statement.

MPs to take a 20% pay cut ....oh a pay rise. All in it together but some are more in it than others.

This guy is either clueless or the biggest asshole politician we've seen in a while.

I know! They need austerity. That worked well before.

Starving children, underpaid nurses and doctors but they can find money for laser guns

Not before, obviously. The truth is there is no money because of the pre-covid astronomic debt. Coronavirus is so bad that is the new devil 👿 responsible for all the Gods Churches post- fails.

Duh.

Stop paying for your industry pals coke habits then.

I see a very resident evil existence for some time after COVID, honorable gentleman.

Best way to make public finances sustainable is have an independent audit that ensures Conservatives stop throwing millions of taxpayer money at their friends for failed projects. Biggest drain on the national economy and government finances is thieving Tories.

OK

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines