Coronavirus: how will the UK pay for the pandemic?

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.

Brief Biography Here.

7 Recent Items: Rishi Sunak

  • Stephen Barclay defends Rishi Sunak’s economic plans
  • Gordon Brown: Chancellor Rishi Sunak Needs to ‘Come Back with a Better Budget’ | GMB
  • Will the Chancellor’s Job Support Scheme curb the rise in unemployment? – BBC Newsnight
  • Chancellor warns of more job losses despite new measures to protect economy – BBC News
  • Covid Cases Spike in Europe
  • How much could Chancellor Rishi Sunak’s plan cost the exchequer?
  • Covid-19: UK reports highest ever number of new daily cases
  • Leave a Comment