We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
The Chancellor of the Exchequer Rishi Sunak unveiled a raft of measures designed to tackle rising unemployment levels and encourage public spending to boost the economy. Speaking to the House of Commons, the Chancellor revealed measures in his summer update involving emergency measures to get the economy moving. But exactly how well off is Mr Sunak?
Chancellor Rishi Sunak has told MPs in his economic update: “People need to know that we will do all we can to give everyone the opportunity of good and secure work.”
He warned of hard times ahead, but also said “no-one will be left without hope.”
Mr Sunak said: “People need to know that we will do all we can to give everyone the opportunity of good and secure work.”
The Chancellor announced a raft of new measures designed to help workers and businesses across Britain including the new “Kickstarters” programme.
- Coronavirus crisis: Inside the staggering cost of COVID-19
How rich is the Chancellor of the Exchequer Rishi Sunak?
Mr Sunak began his career with the investment bank Goldman Sachs.
He then progressed to working in the hedge fund sector and eventually launched his own firm called Theleme Partners in 2010.
His firm had an initial fund of £557m ($700m).
Source: Read Full Article