The UK is dealing with a growing budget deficit. Although chancellor Rishi Sunak wants to raise taxes to balance the books, he also doesn’t want to depress demand or business recovery. In this live Q&A with the FT’s economics editor Chris Giles, and personal finance editor Claer Barrett, we answer your questions about how the UK will pay for its rising debt.
In This Story: Rishi Sunak
Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015, despite having a limited political background.
His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.
Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, without having ever contested an election; he would later become the UK Chancellor of the Exchequer in under five years.
7 Recent Items: Rishi Sunak
In This Story: UK
UK is the abbreviated form of the United Kingdom of Great Britain.