BBCNEWS World Business Report October 27, 2021 04:31:00
Let's start here in the uk, where the chancellor rishi sunak will unveil his budget. he has promised his budget "begins the work of preparing for a new economy" post—covid. some polices have already been unveiled — such as a rise in the national living wage from £8.91 per hour to £9.50, to come into effect from the first of april. measures such as the furlough scheme, which finished at the end of september, were expensive. this forced the government to borrow more money. in the year ending april 2021, the government borrowed £320bn — the highest figure seen outside wartime. so what el...
Source: archive.org