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New UK finance minister Sunak should resist rewriting fiscal rules: IFS

New UK finance minister Sunak should resist rewriting fiscal rules: IFS

New finance minister Rishi Sunak should resist the urge to rewrite Britain's fiscal rules ahead of the budget next month and he should make plain that any spending increases will mean more tax, a ...
Chancellor Sunak orders new post-budget economic forecasts

Chancellor Sunak orders new post-budget economic forecasts

LONDON (Reuters) - British finance minister Rishi Sunak ordered an additional set of economic forecasts to be produced by the country’s independent budget forecaster, asking that they be published on ...
Budget 2020: Rishi Sunak to tear up spending rules despite Sajid Javid warnings

Budget 2020: Rishi Sunak to tear up spending rules despite Sajid Javid warnings

Prime Minister Boris Johnson flanked by his new Chancellor of the Exchequer Rishi Sunak (Photo: Matt Dunham/WPA Pool/Getty) Rishi Sunak is preparing to tear up his predecessor’s spending rules next ...
New chancellor Rishi Sunak awkwardly sits through Sajid Javid's warning about Dominic Cummings

New chancellor Rishi Sunak awkwardly sits through Sajid Javid's warning about Dominic Cummings

This is the moment new chancellor Rishi Sunak awkwardly sits through Sajid Javid’s plea that he is allowed to do his job without “fearing” Dominic Cummings. Javid dramatically resigned as chancellor ...
New chancellor Rishi Sunak confirms date of UK budget

New chancellor Rishi Sunak confirms date of UK budget

Rishi Sunak said he was 'cracking on' with preparations after being left with just a few weeks to get his feet under the desk as chancellor.
IFS urges Rishi Sunak to raise taxes in budget to fund spending spree

IFS urges Rishi Sunak to raise taxes in budget to fund spending spree

The chancellor, Rishi Sunak, faces a tough choice at next month’s budget between raising taxes, entrenching austerity or abandoning Tory manifesto promises on government borrowing, according to the ...
Rishi Sunak should opt for masterly inactivity in his first UK Budget

Rishi Sunak should opt for masterly inactivity in his first UK Budget

What should Rishi Sunak, the UK’s 39-year-old chancellor of the exchequer, do in his first Budget on March 11? The answer is, as little as he can. Mr Sunak is still new to the job; economic prospects ...
Sterling weakens as investors become less convinced Sunak will unleash strong fiscal stimulus

Sterling weakens as investors become less convinced Sunak will unleash strong fiscal stimulus

The pound fell on Wednesday on expectations the Bank of England could cut interest rates in the following months and that finance minister Rishi Sunak’s budget announcement in March may dissapoint ...
Manufacturers ask new Chancellor Rishi Sunak for help in Budget

Manufacturers ask new Chancellor Rishi Sunak for help in Budget

Make UK, the manufacturing lobby group, wants increased investment allowances, increased R&D credits, and lower energy costs for factories.
Rishi Sunak, Narayan Murthy’s Son-in-law, Appointed UK’s New Finance Minister

Rishi Sunak, Narayan Murthy’s Son-in-law, Appointed UK’s New Finance Minister

London: UK’s Chancellor of the Exchequer Sajid Javid quit the Boris Johnson government as part of a cabinet reshuffle unfolding on Thursday and has been replaced by Rishi Sunak, reports said.
No delays to Budget after Rishi Sunak made Chancellor

No delays to Budget after Rishi Sunak made Chancellor

Jacob Rees-Mogg told MPs the provisional business for the week beginning March 9 includes the Budget statement from new Chancellor and Richmond MP Rishi Sunak on the Wednesday. Doubts had been raised ...
Sunak Ditches G-20 to Prepare Potentially Radical U.K. Budget

Sunak Ditches G-20 to Prepare Potentially Radical U.K. Budget

U.K. Chancellor of the Exchequer Rishi Sunak canceled a trip to meet global finance ministers in Riyadh as he seeks to agree a Budget with Prime Minister Boris Johnson that could rip up spending rules ...

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