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Indian billionaires Mukesh Ambani, Gautam Adani set to attend G20 summit dinner India's richest businessmen, led by rivals Mukesh Ambani and Gautam Adani, will join G20 leaders at a dinner in the capital on Saturday, as the South Asian nation showcases its position as the world's fastest growing major economy. Prime Minister Narendra Modi has sought to wield leadership of the G20 grouping of the world's most powerful economies to promote India as a destination for trade and investment, particularly as China's economy slows. U.S. President Joe B...
Indian billionaires Mukesh Ambani, Gautam Adani set to attend G20 summit dinner
Indian billionaires Mukesh Ambani, Gautam Adani set to attend G20 summit dinner
Source: Reuters
6/09/2023 3:21:56 PM
Family to welcome Rishi Sunak`s first India visit by hosting feast in his honour Ahead of Rishi Sunak's first official trip to India as Britain’s Prime Minister during the G20 summit this week, his relatives are planning a banquet in New Delhi to welcome the Indian-origin leader to his ancestral land. The Telegraph reported that the Sunak's relatives will host a feast with flower bouquets and “non-stop dancing” to Punjabi music in New Delhi on Thursday or Friday. Sunak's maternal uncle, Gautam Dev Sood, said all relatives have been aske...
Family to welcome Rishi Sunak`s first India visit by hosting feast in his honour
Family to welcome Rishi Sunak`s first India visit by hosting feast in his honour
Source: IANS
6/09/2023 11:53:26 AM
India to position itself as the 'Voice of Global South' at G20 Summit The New Delhi G20 summit, scheduled to be held between September 9 and 10, is just round the corner and is being highlighted as one of the key achievements of the government in positioning India as the voice of the Global South. After two days of intense deliberations, the G20 Summit will culminate with a New Delhi Declaration, which is expected to outline the main agenda items namely climate change and climate finance, the role of multilateral development banks (MDBs) in poverty alleviati...
India to position itself as the 'Voice of Global South' at G20 Summit
India to position itself as the 'Voice of Global South' at G20 Summit
Source: IANS
3/09/2023 12:51:47 PM
India to become world's largest economy by 2060: UK MP Karan Bilimoria British Parliamentarian Lord Karan Bilimoria has predicted that India will become the world's largest economy by 2060. He said India has overtaken the United Kingdom and it's now the fifth largest economy in the world. Bilimoria said ‘the whole world is looking up to India. India is now, without doubt, going to be one of the three superpowers in the world very shortly. Within 25 years, my prediction is India will have a GDP of 32 trillion dollars and would be the second large...
India to become world's largest economy by 2060: UK MP Karan Bilimoria
India to become world's largest economy by 2060: UK MP Karan Bilimoria
Source: Accord Fintech
25/07/2023 12:59:56 PM
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory India's Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in need of domestic battery production to help secure its future. The announcement marks Britain's biggest move in the car gigafactory space as it seeks to keep up with the United States and European Union in the race to develop green industries. Tata said on Wednesday it would build its first gigafactory outside of ...
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory
Source: Reuters
19/07/2023 7:33:42 PM
Tata Sons to build battery cell gigafactory in UK with investment of over 4 billion pounds Tata Sons on Wednesday announced plans to establish a global battery cell gigafactory in the UK with a capacity to produce 40GW of cells annually. This investment of over 4 billion pounds is an integral part of Tata Group's commitment to electric mobility and renewable energy storage solutions and establishes a competitive green tech ecosystem in the UK at scale. N. Chandrasekaran, Chairman, Tata Sons, said, "The Tata Group is deeply committed to a sustainable future across all...
Tata Sons to build battery cell gigafactory in UK with investment of over 4 billion pounds
Tata Sons to build battery cell gigafactory in UK with investment of over 4 billion pounds
Source: IANS
19/07/2023 1:59:14 PM
Tata picks Britain for new EV battery plant India's Tata will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future. The company said the factory includes an investment of 4 billion pounds ($5.2 billion). Britain's government declined to immediately detail what support it had provided as part of the deal. "Tata Group's multi-billion-pound investment in a ne...
Tata picks Britain for new EV battery plant
Tata picks Britain for new EV battery plant
Source: Accord Fintech
19/07/2023 11:55:55 AM
UK says India trade talks discussing business travel, not broader immigration  Britain will discuss temporary business visas as part of Free Trade Agreement talks with India but any deal will not contain broader immigration commitments or access to Britain's labour market for Indian workers, trade minister Kemi Badenoch said. Britain launched trade talks with India in January last year, and Prime Minister Rishi Sunak has stressed that he won't sacrifice quality for speed in negotiations. Last year interior minister Suella Braverman sparked a row with...
UK says India trade talks discussing business travel, not broader immigration
UK says India trade talks discussing business travel, not broader immigration
Source: Reuters
29/06/2023 6:38:11 PM
Bank of England hikes rates to highest level since April 2008 The Bank of England has raised interest rates by a half point to 5 per cent as it intensifies its efforts to tackle stubbornly-high inflation, adding to the strain on households struggling with soaring mortgage costs, according to a media report. In what will be seen as a major move, the Bank's monetary policy committee increased rates for the 13th consecutive time to the highest level since April 2008, The Guardian reported. Before the decision was announced, financial markets were...
Bank of England hikes rates to highest level since April 2008
Bank of England hikes rates to highest level since April 2008
Source: IANS
23/06/2023 12:53:47 PM
RushiSunak, Joe Biden unveil new economic partnership Visiting UK Prime Minister Rishi Sunak and US President Joe Biden have unveiled a new economic partnership called the "Atlantic Declaration" designed to strengthen co-operation between the two nations. This was Sunak's first visit to the Oval Office since assuming office in October 2022. The partnership will also reduce vulnerabilities" across supply chains and "keep Russia out of global civil nuclear power market", reports the BBC. It also covers areas s...
RushiSunak, Joe Biden unveil new economic partnership
RushiSunak, Joe Biden unveil new economic partnership
Source: IANS
9/06/2023 10:36:01 AM
British chip giant to raise $10 bn in biggest stock market listing this year British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year. The Cambridge-based firm is reportedly aiming to raise up to $10 billion, the BBC reported. In a blow to the UK, the company said in March that it did not plan to list its shares in London. Arm was bought in 2016 by Japanese conglomerate Softbank in a deal worth 23.4 billion pounds. At the time Arm was listed in London and Ne...
British chip giant to raise $10 bn in biggest stock market listing this year
British chip giant to raise $10 bn in biggest stock market listing this year
Source: IANS
1/05/2023 2:32:12 PM
Prime Minister Narendra Modi , Rishi Sunak agree on need for early conclusion of trade talks  Prime Minister Narendra Modi had a telephonic conversation with his UK counterpart Rishi Sunak on Thursday, during which the two leaders agreed on the need for early conclusion of a mutually beneficial free trade agreement (FTA) between the two countries. The discussions between the two Prime Ministers on the FTA have taken place amid reports in certain sections of British media that India had threatened to stall trade talks over the attack on its High Commission's office in Lond...
Prime Minister Narendra Modi , Rishi Sunak agree on need for early conclusion of trade talks
Prime Minister Narendra Modi , Rishi Sunak agree on need for early conclusion of trade talks
Source: IANS
14/04/2023 8:57:05 AM
UK, EU reach new post-Brexit deal for N. Ireland The UK and the European Union (EU) have concluded a new post-Brexit trade arrangement for Northern Ireland. The agreement - dubbed the 'Windsor Framework' - was struck over the Northern Ireland Protocol, aiming to ease the trading issues created by the Protocol. After months of negotiations, the deal was announced by UK Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen after their meeting in Windsor near London on Monday, Xinhua news agency report...
UK, EU reach new post-Brexit deal for N. Ireland
UK, EU reach new post-Brexit deal for N. Ireland
Source: IANS
28/02/2023 10:05:17 AM
Britain the only G7 economy forecast to shrink in 2023 Britain is expected to be the only major industrialised country to see its economy shrink this year after the impact of Liz Truss' brief premiership prompted a sharp growth downgrade from the International Monetary Fund. Adding to growing political pressure on UK Prime Minister Rishi Sunak after the sacking of the Conservative party chair Nadhim Zahawi, the Washington-based IMF warned on Tuesday it expected the UK economy to contract by 0.6 per cent this year - 0.9 percentage points wo...
Britain the only G7 economy forecast to shrink in 2023
Britain the only G7 economy forecast to shrink in 2023
Source: IANS
31/01/2023 12:30:36 PM
UK, Italy, Japan team up for new fighter jet UK Prime Minister Rishi Sunak is set to announce a collaboration between Britain, Italy and Japan to develop a new fighter jet that uses artificial intelligence (AI). According to Sunak, the joint venture aims to create thousands of UK jobs and strengthen security ties, reports the BBC. The nations will develop a next generation fighter, due to enter service in the mid-2030s, that will eventually replace the Typhoon jet. It is hoped the new Tempest jet will carry the latest weapons. ...
UK, Italy, Japan team up for new fighter jet
UK, Italy, Japan team up for new fighter jet
Source: IANS
9/12/2022 2:33:42 PM
Marketmind: Hat-trick A look at the day ahead in European and global markets from Anshuman Daga While European shares ended lower for the third straight session on Tuesday, spooked by recession worries, another hat-trick dominated the World Cup a few hours later. Three goals by Portugal's 21-year-old Goncalo Ramos against Switzerland in his first World Cup sent his side through to the quarter-finals for the first time in 16 years. And a 3-0 shootout win by Morocco against former champions Spain meant tha...
Marketmind: Hat-trick
Marketmind: Hat-trick
Source: Reuters
7/12/2022 3:41:00 PM
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal The government said on Tuesday that the negotiations on the proposed free trade agreement (FTA) between India and the UK are very much on track and are expected to restart next month. Union Commerce Minister Piyush Goyal, while speaking on the sidelines of a steel industry event, said that the India-UK FTA is a high-priority issue for both the nations and negotiations on it are expected to take place next month. Goyal said he is already in touch with his UK counterpart for the next roun...
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal
Source: IANS
23/11/2022 9:23:12 AM
Australia`s trade agreement with United Kingdom moves closer to implementation The Australian Parliament is set to ratify the free trade agreement (FTA) with the UK after a key committee approved it. The Joint Standing Committee on Treaties has released its report on the FTA, concluding it would help Australia liberalise and diversify its trade with the UK, reports Xinhua news agency Under the deal, which the two countries signed in 2021, 99 per cent of Australian goods including beef, dairy and sugar will enter the UK duty free. Prime Minister Anthony Albanese...
Australia`s trade agreement with United Kingdom moves closer to implementation
Australia`s trade agreement with United Kingdom moves closer to implementation
Source: IANS
18/11/2022 2:16:51 PM
Rishi Sunak shares list of activity on G20`s last day, thanks PM Narendra Modi for Indians` wishes UK Prime Minister Rishi Sunak on Wednesday shared his hectic activity meeting world leaders, including US President Joe Biden, Indian Prime Minister Narendra Modi, and others including of the G7 and NATO, on the last day of the G20 summit in Indonesia's Bali. "Busy final day meeting world leaders at the G20 summit," he said in a LinkedIn post, and went on to provide highlights. "Positive meeting with President Biden, our strong relationship is important, particularly ...
Rishi Sunak shares list of activity on G20`s last day, thanks PM Narendra Modi for Indians` wishes
Rishi Sunak shares list of activity on G20`s last day, thanks PM Narendra Modi for Indians` wishes
Source: IANS
17/11/2022 9:12:16 AM
G20: Prime Minister Narendra Modi, Rishi Sunak to confirm new bespoke route for young professionals Prime Minister Narendra Modi and his British counterpart Rishi Sunak will meet on Wednesday at the G20 Summit in Bali during which the two leaders will confirm "a new bespoke, reciprocal route" which will open in early 2023 to give young professionals a once-in-a-lifetime opportunity to take part in a professional and cultural exchange. Hours after Sunak and Modi met on the sidelines of the summit on Tuesday, the British Prime Minister announced that 3,000 Indians will be granted...
G20: Prime Minister Narendra Modi, Rishi Sunak to confirm new bespoke route for young professionals
G20: Prime Minister Narendra Modi, Rishi Sunak to confirm new bespoke route for young professionals
Source: IANS
16/11/2022 2:47:12 PM
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi External Affairs Ministry Spokesperson Arindam Bagchi has said India is working sincerely with the UK for finalisation of the proposed free trade agreement (FTA), days after Prime Minister Narendra Modi and his British counterpart Rishi Sunak agreed on the early conclusion of the deal. Bagchi stated ‘As we have said earlier, the matter of negotiations is best left to the trade ministers and their teams of officials. I cannot comment on the status. I certainly do not have any target d...
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi
Source: Accord Fintech
4/11/2022 10:57:13 AM
Dollar up as data suggests Fed hawks will stay in control; yen fragile The dollar advanced on Monday after strong consumer spending data pointed to persistent underlying inflation pressure, cooling bets that the U.S. Federal Reserve could signal a slowdown in its aggressive monetary policy tightening campaign. The greenback moved broadly higher in Asia trade, particularly against the Japanese yen, rising more than 0.5% and pushing above the 148 yen level. The yen last traded 148.08 per dollar, further pressured by the Bank of Japan's (BOJ) decision to ...
Dollar up as data suggests Fed hawks will stay in control; yen fragile
Dollar up as data suggests Fed hawks will stay in control; yen fragile
Source: Reuters
31/10/2022 9:24:05 AM
Infosys declares interim dividend of Rs 16.50 per equity share; Akshata Murthy to get 64.27cr Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per equity share for shareholders for the year 2022-23, while Akshata Murthy, wife of UK Prime Minister Rishi Sunak, will get a dividend of Rs 64.27 crore. Akshata, daughter of Infosys co-founder Narayana Murthy, holds 3,89,57,096 shares of the company, which is 1,07 per cent of total paid up capital of the tech giant. As per the announced interim dividend of Rs 16.50 per equity share, she would get a dividend of ...
Infosys declares interim dividend of Rs 16.50 per equity share; Akshata Murthy to get 64.27cr
Infosys declares interim dividend of Rs 16.50 per equity share; Akshata Murthy to get 64.27cr
Source: IANS
28/10/2022 1:45:41 PM
Euro slips below parity, yen steady ahead of BOJ The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the European Central Bank, while the yen was on track for its best week in over two months ahead of a key central bank policy decision. The euro was last 0.05% lower at $0.9960, following a more than 1% slide overnight, after the ECB raised rates by 75 basis points, as expected, but took a more dovish tone on its rate outlook. The central bank dropped a reference to increasing rates "...
Euro slips below parity, yen steady ahead of BOJ
Euro slips below parity, yen steady ahead of BOJ
Source: Reuters
28/10/2022 9:22:48 AM
Global shares rise; Sterling rallies as dollar retreats Wall Street continued its advance on Tuesday as weak data stoked hopes the Federal Reserve will slow its aggressive pace of interest rate hikes and European shares notched a second day of gains as better-than-expected earnings offset economic worries. Sterling rallied to a six-week high as Rishi Sunak became Britain's prime minister, boosting investor sentiment. The U.S. dollar index fell to a three-week low, bolstering commodity prices. U.S. Treasuries jumped after dismal data on h...
Global shares rise; Sterling rallies as dollar retreats
Global shares rise; Sterling rallies as dollar retreats
Source: Reuters
26/10/2022 9:57:54 AM
Dollar sags as bets build for less hawkish Fed; Aussie firms after CPI The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness in the United States fanned speculation about a less hawkish Federal Reserve. The Australian dollar strengthened to just shy of the previous session's 2 1/2-week high as hotter-than-expected inflation data put pressure on the Reserve Bank ahead of a rate decision next week. Sterling hung close to the six-week peak reached on Tuesday after new British Prime Minister Rishi Suna...
Dollar sags as bets build for less hawkish Fed; Aussie firms after CPI
Dollar sags as bets build for less hawkish Fed; Aussie firms after CPI
Source: Reuters
26/10/2022 9:22:51 AM
Wall Street set to open lower ahead of earnings European stocks were mixed on Tuesday and U.S. futures pointed to a lower open for Wall Street, as investor hopes that the Federal Reserve could slow down its rate increases gave way to a more cautious tone ahead of U.S. company earnings. Asian equities struggled to make gains due to uncertainty over whether President Xi Jinping's new leadership team would prioritise economic growth in China, where the onshore yuan finished the domestic session with its weakest close since late 2007. ...
Wall Street set to open lower ahead of earnings
Wall Street set to open lower ahead of earnings
Source: Reuters
25/10/2022 5:27:06 PM
Rishi Sunak officially becomes UK PM after meeting King  Indian-origin Conservative party politician Rishi Sunak on Tuesday officially became the Prime Minister of UK after meeting King Charles III at Buckingham Palace, the media reported. In his first address as the Prime Minister, Sunak said: "UK is under economic distress... economic stability tops my agenda... my actions will speak louder." "I will give my all to help the people... hope to live up to the demands," he added. Sunak will be the UK's third lea...
Rishi Sunak officially becomes UK PM after meeting King
Rishi Sunak officially becomes UK PM after meeting King
Source: IANS
25/10/2022 5:17:27 PM
Crypto industry welcomes Rishi Sunak, a 'champion of fintech'  Indian-origin Rishi Sunak who is set to take charge as the British Prime Minister, shepherded the UK's new crypto ambitions during his tenure as Chancellor. Under former Prime Minister Boris Johnson, he wanted to turn the country into a crypto hub, reports CoinDesk. He helped formulate the Financial Services and Markets Bill, which, if passed into law, could give local regulators sweeping power over the crypto industry. It is likely to begin with bringing asset-driven crypt...
Crypto industry welcomes Rishi Sunak, a 'champion of fintech'
Crypto industry welcomes Rishi Sunak, a 'champion of fintech'
Source: IANS
25/10/2022 11:48:23 AM
PM Narendra Modi, Indian leaders congratulate Rishi Sunak for becoming UK PM Prime Minister Narendra Modi and other leaders across the political spectrum on Monday congratulated Rishi Sunak, who is set to take over as the first Indian-descent Prime Minister of the United Kingdom. "Warmest congratulations @RishiSunak! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030. Special Diwali wishes to the 'living bridge' of UK Indians, as we transform our historic ties into a modern partnership,"...
PM Narendra Modi, Indian leaders congratulate Rishi Sunak for becoming UK PM
PM Narendra Modi, Indian leaders congratulate Rishi Sunak for becoming UK PM
Source: IANS
25/10/2022 9:57:12 AM
Asian stocks ease to 2-1/2-year lows, pound lifted by Sunak`s victory Asian equities fell to new 2-1/2-year lows on Tuesday as early gains inspired by a rally on Wall Street on hopes the Federal Reserve could be nearing the end of aggressive rate increases were offset by weakness in Chinese shares and the yuan. The U.S. dollar eased against major peers, while the sterling took aim at this month's highs after Rishi Sunak was set to become Britain's next prime minister, seeking to restore stability to a country reeling from years of political and econo...
Asian stocks ease to 2-1/2-year lows, pound lifted by Sunak`s victory
Asian stocks ease to 2-1/2-year lows, pound lifted by Sunak`s victory
Source: Reuters
25/10/2022 9:28:28 AM
Dollar fends off another suspected intervention from Japan Suspected Bank of Japan (BOJ) intervention gave only brief respite to the Japanese yen as the dollar stayed strong on Monday, while sterling wavered as former finance minister Rishi Sunak emerged as frontrunner to become Britain's prime minister. The yen hit a low of 149.70 per dollar in early deals before being swept to a high of 145.28 within minutes in a move that suggested the BOJ, acting for Japan's Ministry of Finance (MOF), had stepped in for a second successive day. The cur...
Dollar fends off another suspected intervention from Japan
Dollar fends off another suspected intervention from Japan
Source: Reuters
24/10/2022 9:47:26 AM
Dollar weathers suspected yen intervention, China data mixed  The U.S. dollar weathered another suspected blast of Japanese intervention to push higher on the yen on Monday, while most share markets rallied on just the hint of an eventual slowdown in U.S. rate hikes. The dollar started in a bullish mood with an early rush to 149.70 yen, before taking a sudden spill as far as 145.28 in a matter of minutes. Yet speculators seemed undaunted and took the dollar back up to 148.90 in choppy trading. The Financial Times reported the Bank of Japan m...
Dollar weathers suspected yen intervention, China data mixed
Dollar weathers suspected yen intervention, China data mixed
Source: Reuters
24/10/2022 9:26:21 AM
United Kingdom to get new Prime Minister today Boris Johnson's successor as the next UK Prime Minister will be revealed on Monday when either Liz Truss, the incumbent Foreign Secretary, or Rishi Sunak, the former Indian-origin Chancellor, will be named as leader of the ruling Conservative Party. The name will be announced at 12.30 p.m. (around 5 p.m. IST) and the winner of the leadership race will take office on Tuesday after being formally appointed by Queen Elizabeth II, reports the BBC. If Truss comes to power, she will be th...
United Kingdom to get new Prime Minister today
United Kingdom to get new Prime Minister today
Source: IANS
5/09/2022 9:48:55 AM
UK slips behind India to become world's 6th biggest economy Britain has dropped behind India to become the world's sixth largest economy, according to Bloomberg. India toppled the UK from its position in the final three months of 2021 to become the fifth-biggest economy. The calculation is based in IMF's , and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund. This news comes as a further blow to the government in London as it grapples with a brutal cost-of-living shock, Bloomberg...
UK slips behind India to become world's 6th biggest economy
UK slips behind India to become world's 6th biggest economy
Source: IANS
3/09/2022 11:08:14 AM
GIFT City: an opportunity to deepen UK-India financial and professional services trade - India-UK Financial Partnership New Delhi, 2 nd September, 2021: As the Indian Finance Minister, Nirmala Sitharaman and UK Chancellor, Rishi Sunak today hold the 11th UK-India Economic and Financial Dialogue (EFD), the India-UK Financial Partnership (IUKFP) has released a new report focused on the development of Gujarat International Finance Tec-City (GIFT City) into a global services hub. This will be achieved by strengthening its ties with the UK and sharing experiences as it becomes a leading international financial cent...
GIFT City: an opportunity to deepen UK-India financial and professional services trade - India-UK Financial Partnership
GIFT City: an opportunity to deepen UK-India financial and professional services trade - India-UK Financial Partnership
Source: PR Agency
2/09/2021 5:33:07 PM
Sunak gives UK economy a new boost to see out COVID crisis, tax rises ahead LONDON  - Finance minister Rishi Sunak delivered what he hopes will be a last big spending splurge to get Britain's economy through the COVID-19 crisis, and announced a corporate tax hike from 2023 as he began to focus on the huge hit to the public finances. Sunak said in an annual budget speech on Wednesday that the economy would return to its pre-pandemic size in mid-2022, six months earlier than previously forecast, helped by Europe's fastest coronavirus vaccination program...
Sunak gives UK economy a new boost to see out COVID crisis, tax rises ahead
Sunak gives UK economy a new boost to see out COVID crisis, tax rises ahead
Source: Reuters
4/03/2021 9:37:44 AM
Rishi Sunak to promise 'whatever it takes' in new COVID budget plan LONDON - Finance minister Rishi Sunak will promise on Wednesday to do "whatever it takes", including a five-month extension of Britain's huge jobs rescue plan, to steer the economy through what he hopes will be the final months of COVID restrictions. Sunak has already racked up Britain's highest borrowing since World War Two and will turn to the bond markets again in his budget speech, saying the task of fixing the public finances will only begin once a recovery is in sig...
Rishi Sunak to promise 'whatever it takes' in new COVID budget plan
Rishi Sunak to promise 'whatever it takes' in new COVID budget plan
Source: Reuters
3/03/2021 9:21:34 AM
UK's Rishi Sunak says public finances won't be fixed overnight LONDON  - British finance minister Rishi Sunak said he would not try to fix the public finances overnight, days before he presents a budget statement that is expected to include further heavy borrowing to steer the economy through the COVID-19 crisis. "Look, this is not something that's going to happen overnight. Given the scale of the shock we've experienced, the scale of the damage, this is going to take time to fix," he told Sky News. "It's important ....
UK's Rishi Sunak says public finances won't be fixed overnight
UK's Rishi Sunak says public finances won't be fixed overnight
Source: Reuters
28/02/2021 3:01:17 PM
Car sector seeks more UK Government support as output tumbles LONDON- British finance minister Rishi Sunak should use next week's budget statement to help boost the car industry's competitiveness, a trade industry body said on Friday, as production tumbled to its lowest January level since 2009. Sunak is due to detail how he will further support the economy amid COVID-19 restrictions on March 3. The Society of Motor Manufacturers and Traders (SMMT) said the furlough scheme that protects jobs should be extended, more support for training wa...
Car sector seeks more UK Government support as output tumbles
Car sector seeks more UK Government support as output tumbles
Source: Reuters
26/02/2021 9:21:28 AM