UK unemployment soars to highest level for almost two years

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  • BBC News published this video item, entitled “UK unemployment soars to highest level for almost two years” – below is their description.

    Unemployment in the UK has risen to its highest level for almost two years. Official figures show almost 700,000 people have come off payrolls since March. Economists expect more jobs to be lost as the government’s furlough scheme is phased out by the end of October. Meanwhile the Chancellor Rishi Sunak has said he will not extend the furlough programme but would look at new ways to support jobs and employment. Huw Edwards presents BBC News at Ten reporting by economics editor Faisal Islam.

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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, 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.

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