"Inflation, interest rates - those are two of the factors which I have to think about as I determine what's the appropriate fiscal policy, what's the right level of tax and borrowing and spending," Sunak said in an interview with Times Radio.
"Particularly because our public finances are sensitive to changes and things like inflation and interest rates, which have been very low for quite a while." Sunak, who is due to deliver his budget on Wednesday, added that people should have confidence in the Bank of England to manage inflation.Sign up for our newsletter
Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
Corrupt Conservatives! ToriesOut
Sunak should decrease fuel duty which is a major factor in the inflation rate. As the price of fuel is high anyway this should not lead to decreased revenues. In fact it could help hard pressed households, business and increase Government revenues.
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Queen Letizia reunited with Princess Leonor for the first time since UK movePrincess Leonor, 15, moved to the UK to study at the UWC Atlantic College in Wales in August
Source: hellomag - 🏆 24. / 68 Read more »
Scientists urge UK to prep rapid return of COVID measuresThe British government’s scientific advisers have urged the government to ensure coronavirus restrictions can be introduced rapidly, as the rate of new infections continues to grow.
Source: ABC - 🏆 471. / 51 Read more »
Here's what experts say is driving the U.K.'s deadly Covid surgeNBC News investigated the factors driving Britain's surge and the lessons that can be gleaned from the country's experience of vaccinating and reopening early. Can’t wait for Truth Social to arrive so this fake news overhyped garbage will simmer down British citizens haven't worn masks since they were Covid. The UK has the highest mortality rate of any European country. I haven't mentioned a single word about the causal relationship with the virus. Amen And our health secretary is a banker. Economy way more important than people’s lives. Absolute shambles.
Source: NBCNews - 🏆 10. / 86 Read more »
Asos, Primark Among 36 U.K. Businesses Calling for Tighter Labor, Environmental LawsThirty-six U.K.-based businesses rallied for lawmakers to tighten due diligence on human rights and environmental gray areas.
Source: wwd - 🏆 24. / 68 Read more »
UK says substantial differences remain with EU over N.Ireland tradeThe United Kingdom said on Saturday that talks with the European Union over post-Brexit trade rules for Northern Ireland had been constructive, but substantial differences remained. Just throw those fammine papers away
Source: Reuters - 🏆 2. / 97 Read more »
Facing rising COVID cases, UK government resists calls for new restrictions aheadFlanked by public health officials, the U.K. Health Secretary painted a bleak picture of the current state of the pandemic in Britain. You are indeed a great woman to be called, I assure you that I will bring friends to come and invest with you because of your excellent work you did for me. I will keep sharing the good news about you Evelynclark777 Dr. Luc Montagnier reveals how Covid-19 is a lab accident He was awarded the 2008 Nobel Prize in Medicine for the identification AIDS.He currently works at University in China The accident was said to have taken place in the Wuhan National Biosafety lab
Source: ABC - 🏆 471. / 51 Read more »