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You are here: Home / Chancellor Rishi Sunak to set out one-year Spending Review in bid to tackle COVID crisis

Chancellor Rishi Sunak to set out one-year Spending Review in bid to tackle COVID crisis

· October 28, 2020 ·

Chancellor Rishi Sunak will set out the government’s one-year spending plans next month as he seeks to tackle the economic crisis caused by coronavirus.The Treasury has announced a 2021-22 Spending Review will be published on 25 November, as the government prioritises its response to COVID-19 and strives to protect jobs.The government had previously confirmed it was scrapping a proposed multi-year spending review after those plans were thrown off course by the coronavirus crisis.Mr Sunak said: “In the current environment it’s essential that we provide certainty.”So we’ll be doing that for departments and all of the nations of the UK by setting budgets for next year, with a total focus on tackling COVID and delivering our ‘Plan for Jobs’. Advertisement “Long-term investment in our country’s future is the right thing to do, especially in areas which are the cornerstone of our society like the NHS, schools and infrastructure.”We’ll make sure these areas crucial to our economic recovery have their budgets set for further years so they can plan and help us build back better.” More from Covid-19 Woman whose cat died after firework scare says garden displays even riskier this year Coronavirus: Boris Johnson considering lockdown for England as early as… Read full this story

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Chancellor Rishi Sunak to set out one-year Spending Review in bid to tackle COVID crisis have 295 words, post on news.sky.com at October 28, 2020. This is cached page on Vietnam Dance. If you want remove this page, please contact us.

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