UK Chancellor Sunak: Job losses are the most urgent challenge

Haresh Menghani FXStreet

UK Chancellor of the Exchequer Rishi Sunak, while updating the Parliament on spending plans, said we are facing profound economic challenges and that the household consumption has fallen steeply.

Additional quotes:

Job losses are the most urgent challenge.
Will never accept unemployment as an unavoidable outcome.
There will come a phase in while we will rebuild.
We will produce a budget and spending review in autumn.
We must put our finances on a sustainable footing in the medium-term.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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