Rishi Sunak: Things could be ‘a lot worse’ Chancellor reacts to bleak OBR forecast

Chancellor Rishi Sunak says the OBR’s report is “just one potential scenario” but that coronavirus “will have a very significant impact on our economy… people should know there is hardship ahead”

Read more on the OBR forecast in our Business live blog: https://www.telegraph.co.uk/business/2020/04/14/markets-live-latest-coronavirus-news-pound-euro-ftse-100/

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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.

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, he would later become the UK Chancellor of the Exchequer in under five years.

Brief Biography Here.

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