Sunak Scraps Budget to Focus on Job Support

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  • Bloomberg Politics published this video item, entitled “Sunak Scraps Budget to Focus on Job Support” – below is their description.

    Sep.24 — Chancellor of the Exchequer Rishi Sunak has cancelled his planned Autumn Budget to prepare a fresh round of jobs and business support. The U.K. chancellor is studying German-style measures to replace existing subsidies that end in October. Bloomberg’s Edward Evans reports on “Bloomberg Markets: European Open.”

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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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