Tag: Rishi Sunak

The rise and rise of Dishy Rishi

Rishi Sunak, the son-in-law of Infosys founder NR Narayana Murthy and the MP from Richmond, Yorkshire, since 2015, was virtually unknown even a year ago. “Just five out of 1,191 named Rishi Sunak” in a poll conducted in December 2019 by Tim Bale, a professor of politics at the Queen Mary University.

January 7, 2021

Rishi Sunak hands UK key workers a COVID-19 crisis pay rise

The UK Treasury said that each pay hike is recommended by independent pay review bodies and that this year government accepted the headline recommended rise for each workforce.

July 21, 2020

UK facing ‘significant recession’, says Finance Minister Rishi Sunak: Report

Rishi Sunak, UK, UK chancellor, Coronavirus pandemic, Coronavirus outbreak, Coronavirus deaths, Coronavirus, COVID-19

May 14, 2020

Rishi Sunak to set out future of UK job retention scheme

The government is encouraging people in England to return to work if safe.

May 12, 2020

COVID-19: Rishi Sunak unveils ‘Bounce Back Loan Scheme’ for UK’s small businesses

The loans are expected to be easy to apply for through a short, standardised online application, and they should reach businesses within days providing immediate support to those that need it as easily as possible.

April 28, 2020

UK Treasury considers 100% guarantee on small firm loans

Loans to larger businesses under the coronavirus business interruption loans scheme (CBILS) will continue to get 80 per cent backing.

April 24, 2020

Coronavirus outbreak: UK Chancellor Rishi Sunak extends furlough for another month

The Coronavirus Job Retention Scheme, which sees the government pay furloughed employees 80 per cent of their wages up to a maximum of 2,500 pounds, will now continue until the end of June, the Metro newspaper reported.

April 18, 2020

UK will recover ‘quickly and strongly’ after COVID-19 crisis: Rishi Sunak

Besides the economy, the Cabinet minister gave the latest health update and revealed a daily rise of 778 to the country's COVID-19 death toll, taking the total to 12,107.

April 15, 2020

COVID-19: Rishi Sunak faces criticism for ‘discriminatory’ package against self-employed workers

Following criticism that the self-employed were not receiving a similar level of support, the Treasury spent the weekend drawing up the new package.

March 23, 2020

UK government to pay 80% worker’s wages in virus crisis: Rishi Sunak

Addressing to the Drowning Street, Sunak said, "Today I can announce for the first time in our history the government is going to step in and pay people's wages".

March 21, 2020

Rishi Sunak working on bailout plans for COVID-19-hit businesses

Addressing the nation on Monday, Johnson advised Britons to avoid pubs and clubs in a bid to control the spread of the virus.

March 17, 2020

UK ‘tampon tax’ will formally be abolished in January next year

Sanitary products were currently taxed as if they are a luxury product, rather than an essential one.

March 12, 2020

UK election: Tories plan stamp duty hike on non-UK residents

Labour is also proposing a levy on "overseas companies buying housing", and wants to give local people "first dibs" on homes built in their area.

November 22, 2019

Infosys co-founder’s son-in-law in Boris Johnson’s cabinet

Sunak has been appointed Chief Secretary to the Treasury in the new cabinet.

July 25, 2019