Europe

  1. UK sets out plan to boost economy amid coronavirus hit

    The chancellor says people are anxious about losing their job and unemployment rising. “We’re not just going to accept this,” he adds.
    Sunak says he is announcing a “plan for jobs” to protect, create and support employment.
    He says at the start of the crisis the government provided £160bn to cushion the economic fallout from the Covid-19 crisis and lockdown.
    Britain is entering the second phase of the government’s economic response, he says. The job responding to the crisis has “only just begun”, he adds.
    The chancellor says the government will put the public finances back on a “sustainable footing”, but he suggests this should be in future as Britain rebuilds.

    Region:
    Europe
    Category:
    Economy
    Author/s:
    By BBC, Reuters
    UK sets out plan to boost economy amid coronavirus hit