(Bloomberg) — Chancellor of the Exchequer Rishi Sunak will set out a new crisis plan to protect jobs and rescue businesses as the coronavirus outbreak forces the U.K. to return to emergency measures.
With Covid-19 spreading rapidly again, Sunak is having to provide more state support to avoid a surge in unemployment — just at the moment he had planned to scale back an already huge package of aid.
Rishi Sunak departs Downing Street in London on Sept. 24
Photographer: Simon Dawson/Bloomberg
The chancellor has scrapped a planned autumn budget and will set out in Parliament on Thursday what he calls his “winter economy plan” to safeguard jobs in the months ahead.
“We are going to continue supporting the economy as much as we can,” Health Secretary Matt Hancock told BBC radio on Thursday. “We’re not able to support every job and every business, but what we’re