SUBSCRIBERS
UK's big spending to lift economy and save jobs does little, but deepens debt
Government saddled with massive debt, approaching £2 trillion; furlough scheme will dent productivity
Published Mon, Jun 1, 2020 · 09:50 PM
London
THE UK government is preparing to unveil a major economic stimulus package in July in an effort to minimise the impact of the recession caused by the Covid-19 pandemic.
The UK's next Budget is only due in the autumn but there is speculation that Rishi Sunak, Chancellor of the Exchequer, will deliver it sooner.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China says Hamas and Fatah express will for reconciliation
US consumer confidence at lowest level since 2022
Record gold prices boost recycling: WGC
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April