Tag: Sunaks

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Sunak’s Kickstart scheme not delivering value for money, NAO finds

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Chancellor Rishi Sunak’s flagship £2bn pandemic jobs scheme to get young people into work may not be delivering value for money, the spending watchdog has said. A report by the National Audit Office (NAO), and a separ...

Sharp slowdown in UK growth lends Sunak’s plan a hollow ring

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Growth is up, said Rishi Sunak in his budget speech last month, but the figures for the third-quarter show this claim is no longer true. The rise in national income, or GDP, of 1.3% in the three months to September wa...

Is smooth Sunak’s honeymoon period coming to an end?

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Rishi Sunak has spent 18 months in a honeymoon period as one of the UK’s youngest ever chancellors, riding high in public opinion mostly owing to a generous furlough scheme. He is serious, smooth and sleek, a teetotal...

Don’t be fooled by Rishi Sunak’s conjuring trick

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If this chancellor of the exchequer has a skill, it is his sleight of hand, or ability to disguise a real cut as a supposed benefit or gain (Labour accuses Sunak of ‘smoke and mirrors’ budget due to lack of new money,...

Rishi Sunak’s learning catch-up fund is ‘false economy’, says former schools tsar

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A former education recovery tsar has described the chancellor’s latest catch-up offer as “meagre” and warned that the government’s “half-hearted” deal for children was a “false economy”. Sir Kevan Collins said he was ...

Rishi Sunak’s budget ‘hammers’ working people while giving banks a tax cut, says Labour – UK politics live

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Latest updates: shadow chancellor Rachel Reeves says Resolution Foundation report shows this is an ‘out-of-touch, high-tax, low-growth budget’

Rishi Sunak’s budget ‘will lead to flat recovery’; Shell profits sink – business live

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Rolling coverage of the world economy, the financial markets, the eurozone and business.

The Guardian view on Rishi Sunak’s budget: more politics than economics

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Rishi Sunak’s budget and spending plans were about politics rather than economics. His Commons statement was designed to frame the arguments in the run-up to an election rather than dealing in a substantial way with a...

Rishi Sunak’s budget is gambling with the climate crisis

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In failing to make any serious new government investment in the UK’s green future, Rishi Sunak has chosen to gamble that the market will deliver instead. That is a very high-stakes bet in the face of a climate emergen...

Rishi Sunak’s autumn budget 2021 – the panel verdict

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The chancellor came into the chamber with great optimism, but he needed to do three things to ensure this was based on more than just hot air: shore up the recovery with a big investment package, act on the climate c...

Why capital gains tax reform should be top of Rishi Sunak’s list

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Wednesday’s budget will not be a big revenue raiser. Rishi Sunak has already raised £40bn in tax this year. A combination of freezing the income tax thresholds while inflation is roaring, and expanding national insura...

Businesses badly need some help from Rishi Sunak’s autumn budget

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Budget speeches normally last for about an hour and by tradition chancellors spend the first 10 minutes or so pointing out how well the economy is performing. All do this regardless of their political affiliation, and...

Sunak’s sneaky budget can’t hide the cost of living crisis about to hit voters

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What a tightrope the chancellor will walk on Wednesday, with contradictory messages to satisfy opposing audiences. His party, who will chose its next leader, wants austerity so he keeps a photo of Margaret Thatcher’s ...

Will Rishi Sunak’s national living wage rise really help ease the cost of living squeeze?

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With a severe cost of living squeeze hitting Britain this winter, Rishi Sunak is betting that an increase in the minimum wage will dispel criticism that the Tories are idly standing by. In the latest sneak preview of ...

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