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/
Get the latest headlines: https://www.telegraph.co.uk/
Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK’s best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
In This Story: markets
4 Recent Items: markets
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.