Page 2 - Rishi Sunak

UK inflation hits 30-year high of 6.2% as finance minister readies response

Statistics Office highlighted household energy bills and petrol as the biggest drivers of inflation in February.

UK's Sunak tries to ease cost-of-living hit with tax cuts

Britons still face biggest cost-of-living squeeze on record; inflation forecast to reach nearly 9% in late 2022

Rishi Sunak sets out UK's Spring Budget amid high inflation

It is dubbed a 5 billion pounds tax cut worth 175 pounds on average for 30 million people and the first cut to the basic rate in 16 years

UK Treasury department imposes further economic sanctions on Russia

British people and businesses will be banned from making transactions with the Russian central bank, its finance ministry and its wealth fund

Rishi Sunak admits attending UK PM Boris Johnson's lockdown party

Sunak, 41, insisted that Prime Minister Johnson, who is facing growing calls for his resignation, has his "full support"

Chancellor Rishi Sunak admits attending Downing Street lockdown party

Sunak, who lives next door to the Prime Minister in Downing Street, is also reported to have attended a surprise birthday party for Johnson in No. 10's Cabinet Room in June 2020

Rishi Sunak, Priti Patel seen as not on same page on Boris Johnson

The two senior cabinet ministers of Indian origin in the British government, Rishi Sunak and Priti Patel - do not appear to be on the same page as far as support to PM Johnson is concerned.

Rishi Sunak cracks down on misleading crypto adverts in UK

A consultation response, published on Tuesday, sets out the UK government's plan to bring the promotion of so-called cryptoassets within the scope of financial promotions legislation

Amid Johnson's 'partygate' troubles, is Sunak the British PM in waiting?

One name is doing the rounds as a frontrunner to take charge his Indian-origin Chancellor and Downing Street neighbour Rishi Sunak.

Rishi Sunak to cut thousands of jobs in civil services, says report

The Treasury is expected to set parameters for the reductions in early 2022, the newspaper reported, citing people briefed on the plans

British Indians could be key swing voters if snap election held in UK: Rpt

British Indians demonstrate a modest preference for the Labour Party, but the latter's historical advantage has eroded

Rishi Sunak reveals plans for UK as first 'net zero' financial centre

The measure is part of a plan that aims to create "the world's first net-zero aligned financial centre"

Britain's Sunak pledges to 'rewire' global finance system for net zero

"Six years ago Paris set the ambition, today in Glasgow we are provided the investment we need to deliver that ambition," he told an audience in Glasgow

UK set for best economic growth since 1973, says Rishi Sunak

The UK government confirmed it will tax the country's largest property firms to help replace unsafe cladding in apartments that's left thousands of people in potentially dangerous homes

Rishi Sunak delivers Autumn Budget for stronger British economy

UK Chancellor of the Exchequer Rishi Sunak delivered his Autumn Budget to the House of Commons on Wednesday, with the promise of delivering stronger growth for the pandemic-hit British economy

UK targets £8 billion in extra health research, education spend

The announcements, which include a raft of smaller spending decisions, follows news of £6.9 billion for regional transport projects ahead of a major review of government spending

Rishi Sunak, Priti Patel retain top jobs as UK PM Johnson shuffles Cabinet

British Prime Minister Boris Johnson on Wednesday undertook a reshuffle of his top team, keeping two of his senior Indian-origin Cabinet ministers Rishi Sunak and Priti Patel in their posts

India, UK agree to be ambitious on services deal in FTA negotiations

Pointing out that services make up 71% of UK's GDP and 54% of India's, the statement released after India-UK dialogue said both countries recognise importance of services in their economies

Rishi Sunak pledges 'no return to austerity' as he plots UK recovery

Gears up for a multi-year spending review in the fall, at which he'll set spending budgets for the next three years

UK PM Johnson threatened to demote Rishi Sunak over leaked letter: Report

The reaction followed media reports that Indian-origin finance minister had written to his boss, calling for a significant easing of Covid travel restrictions, warning of damaging of the economy.