
The Guardian - 15 hours 21 min ago
Reflecting on chaos of early pandemic, former chancellor said it was acutely stressful' to see rising interest bill on government bonds Rishi Sunak was concerned about the UK's ability to fund itself in March 2020 after the government announced rescue measures costing tens of billions of pounds to prevent mass redundancies, the Covid-19 pandemic inquiry has heard. The former prime minister, who was chancellor when the first UK lockdown was announced, said he feared foreign investors had...

The Guardian - 22 hours 32 min ago
Former chancellor and prime minister will answer questions on the economic impact of the pandemic Former British prime minister, Rishi Sunak , is to give evidence at the Covid-19 inquiry today as it looks into the government's economic response to the pandemic. Sunak, who was chancellor at the height of the pandemic, has previously defended his "eat out to help out" scheme, rolled out in the summer of 2020, saying it prevented job losses. Continue reading...