Monday, October 4, 2021

UK National Debt 800% of GDP Says Chancellor Rishi Sunak Announcing Furt...

UK National Debt 800% of GDP Says Chancellor Rishi Sunak Announcing A Further £500 Million In New Grants

In his speech to members at the Conservative Party Conference Rishi Sunak said:

“Recovery comes with a cost”

Highlights today:

·        Tax rises on the way rather than tax cuts.

·        £500 million in new grants announced to help employment as furlough scheme ends

·        Evergrande shares suspended pending an announcement.

·        Fuel and energy prices soaring adding to inflation fears.

·        Why inflation makes the rich richer and the poor poorer.

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