Page 5 - Rishi Sunak

Rishi Sunak unveils 1.57 bn pounds arts, culture Covid-19 rescue package

Rishi Sunak has unveiled a 1.57-billion pounds rescue package of emergency grants and cheap loans for arts, culture and heritage industries to help them weather the impact of coronavirus lockdown.

UK FM Rishi Sunak to delay post-coronavirus recovery package until autumn

UK Prime Minister Boris Johnson on May 27 promised a post-coronavirus recovery package

Infosys among UK firms accessing Rishi Sunak's Covid-19 job saving scheme

Under the provisions, the government covers 80 per cent of salaries of furloughed staff, up to the value of GBP 2,500 a month, in order to prevent companies having to resort to redundancies

Britain to launch stimulus package before summer, says report

Finance minister Rishi Sunak declined on Friday to say whether he would bring forward his next budget statement, due in the autumn, to spell out how he will tackle Britain's surging debt

UK's Sunak authorises bailout to rescue strategically important companies

Under the plan, which is named "Project Birch", the finance minister has raised the UK Treasury's capacity to handle bespoke bailouts of "viable" companies which have exhausted all options

UK corporate insolvencies fall as virus support plans kick in: KPMG

The spread of the novel coronavirus - and lockdown measures introduced to contain it - has ravaged the British economy, with many non-essential businesses told to close

UK to publish work plans once curbs are lifted as firms press for support

Firms will get advice on different types of workplace activity, including operating outdoors or inside someone else's home, according to two people with knowledge of the government's plans.

Rishi Sunak drawing up blueprint to ease UK's Covid-19 lockdown: Report

The UK government must by law review the lockdown measures in place at the next three-week mark, which falls on May 7

Fair to furlough? Britain's massive job-saving plan prompts pushback

While more than half of UK companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where it's not needed.

UK govt to pay 80% of wages of workers to protect jobs affected by Covid-19

To all those at home right now, anxious about the days ahead, I say this: you will not face this alone, Rishi Sunak said

Indian industry welcomes UK FM Rishi Sunak's coronavirus action plan

Sunak on Tuesday announced a whopping 330-billion pounds worth of rescue measures in the House of Commons

Rishi Sunak unveils $400 billion lifeline for UK firms hit by coronavirus

Finance minister Sunak said he was ready to increase the size of the loan guarantees to ensure cash gets to all companies needing it as their businesses slump

How Britain's new FM Sunak gets down to work in UK's Indian-looking Cabinet

His appointment has been widely welcomed, with the Pound Sterling rallying to a two-month high following the announcement

Narayana Murthy's son-in-law Rishi Sunak is new UK chancellor of exchequer

Rishi Sunak, who went to Oxford and Stanford, became MP just five years ago

UK Cabinet member Rishi Sunak on being British, Indian & Hindu at same time

Sunak, son-in-law of Infosys co-founder N R Narayana Murthy, is one of the three Indian-origin faces who are set to hold key posts in Britain's new PM Boris Johnson's Cabinet

Narayana Murthy's son-in-law Rishi Sunak named new finance minister of UK

Sunak, the son-in-law of Infosys Co-founder Narayana Murthy, will join Home secretary Priti Patel on the top government bench as UK Chancellor of the Exchequer

Narayana Murthy son-in-law Rishi Sunak inducted into UK govt by Theresa May

The UK-born is married to Murthy's daughter Akshata Murthy