• British finance minister Sunak to announce one-year spending plan on November 25

Market news

28 October 2020

British finance minister Sunak to announce one-year spending plan on November 25

Reuters reports that British finance minister Rishi Sunak said he would announce a one-year plan for government spending on Nov. 25, which would focus on tackling the COVID-19 pandemic and delivering on the government's plans to protect jobs.

Sunak said earlier this month that he would provide an outline of his spending plans for one year rather than the usual three, given the uncertainties about the coronavirus.

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