- Analytics
- News and Tools
- Market News
- UK's Sunak to update parliament on economy on Monday
UK's Sunak to update parliament on economy on Monday
Reuters reports that british finance minister Rishi Sunak will update parliament on Monday afternoon about the economic outlook and measures taken by the government to offset the hit from the coronavirus pandemic.
A spokesman for Britain's finance ministry said Sunak would address lawmakers on "the economic situation and support being provided to the economy, businesses and families".
Sunak has said he is on course to spending 280 billion pounds in the current financial year, taking borrowing to about 20% of gross domestic product.
Last week Sunak said he would give businesses an extra 4.6 billion pounds ($6.2 billion) in support to help them through a new coronavirus lockdown which economists expect will send Britain back into recession.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
