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Showing 1 - 10 of 10 results for "Rishi Sunak"

AustralianSuper to deploy £8 billion in the UK

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... effective stewardship to generate sustainable returns for more than 3.3 million members," he said. UK Prime Minister Rishi Sunak said AustralianSuper's investment in the UK is a vote of confidence in the British economy. "We've already halved ...

UK to ban cold calling on all financial products

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... on all financial products as part of a broader strategy for tackling scams. In an announcement from prime minister Rishi Sunak, the government said it is going to stop scams before they reach people. In part, this will be done by implementing a blanket ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... GDP contractions of 3.0% in the first quarter of 2020 and 18.8% in the second. To mitigate the fallout, Chancellor Rishi Sunak announced a fresh £4.6 billion (US$8.2 billion) in emergency funds to support retail shops, restaurants and tourism businesses ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... November 5 - have prompted the government and the Bank of England (BOE) into action. UK Chancellor of the Exchequer Rishi Sunak announced the extension of the government's furlough scheme until 31 March 2021 and raised the upfront guarantee funding ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... purchasing managers indices. The return to restrictions also means more government fiscal spending. UK Chancellor Rishi Sunak unveiled a "new plan" -- new support measures increasing assistance for businesses and workers. "This is our plan. A plan for ...

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
... containing COVID-19 infections are wasted. Not only that, it's gonna cost more. UK Chancellor of the Exchequer Rishi Sunak has been forced to top up his "A Plan for Jobs" package announced in early July with the unveiling of a six-month "Winter Economic ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... - and declared that it stands ready to take further actions if necessary. In turn, the Chancellor of the Exchequer Rishi Sunak announced a package of measures to support the labour market. Australia is a luckier country still.

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... declared that it stands ready to take further actions if necessary. More recently, the chancellor of the Exchequer, Rishi Sunak, announced a package of measures to support the labour market. "A Plan for Jobs" contained three basic initiatives: Supporting ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... Minister Boris Johnson announced his government's £330 billion package to support businesses. British Chancellor Rishi Sunak said the government will do "whatever it takes" to offset the economic impact caused by the virus, with Johnson promising ...
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