Faced with the reality of a massive deterioration in the public finances as a result of his emergency Covid-19 support, Rishi Sunak is looking at ways of repairing the damage this autumn, David Smith reports.
When in March Rishi Sunak framed the government’s response to the Covid-19 crisis including the job retention scheme and other measures he looked forward to a return to normality over summer and autumn and a return to the usual duties of a chancellor. With the firefighting over he could get on with the government’s economic agenda while also ensuring that the public finances were in a healthy state.
We know this. The job retention scheme which has provided generous income support for nearly 10m people was originally intended to run from March until the end of May when it was hoped the worst of the...
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Faced with the reality of a massive deterioration in the public finances as a result of his emergency Covid-19 support, Rishi Sunak is looking at ways of repairing the damage this autumn, David Smith reports.
When in March Rishi Sunak framed the government’s response to the Covid-19 crisis including the job retention scheme and other measures he looked forward to a return to normality over summer and autumn and a return to the usual duties of a chancellor. With the firefighting over he could get on with the government’s economic agenda while also ensuring that the public finances were in a healthy state.
We know this. The job retention scheme which has provided generous income support for nearly 10m people was originally intended to run from March until the end of May when it was hoped the worst of the...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
