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Day: October 28, 2020

Sunak to set out spending plans
Featured, United Kingdom

Sunak to set out spending plans

    Chancellor Rishi Sunak will set out the government's one-year spending plans next month as he seeks to tackle the economic crisis caused by coronavirus. The Treasury has announced a 2021-22 Spending Review will be published on 25 November, as the government prioritises its response to COVID-19 and strives to protect jobs. The government had previously confirmed it was scrapping a proposed multi-year spending review after those plans were thrown off course by the coronavirus crisis. Mr Sunak said: In the current environment it's essential that we provide certainty. So we'll be doing that for departments and all of the nations of the UK by setting budgets for next year, with a total focus on tackling COVID and delivering our 'Plan for Jobs'. Long-term investment in ...