Rishi Sunak – There is more economic stress to come
The Chancellor of the Exchequer will deliver the 2020 spending review this Wednesday, and it will shock no one to hear that the public finances are not in good health. Joining Andrew Marr in the studio, Rishi Sunak said that the economy was not out of the woods yet, and may not be for a long time:
RS: The economy is experiencing significant stress. We’ve seen that particularly in the labour market… [There is] more stress to come, and that is very sad to see… and it’s something that we’re going to grapple with for a while to come sadly.
‘You will not see austerity next week’
Sophy Ridge put it to the Chancellor that, contrary to his assurances, he would be priming the UK for another round of austerity measures of the kind pursued by his predecessor George Osborne.
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