Rishi Sunak

UK at ‘tipping point:’ England braces for more restrictions

Northern England mayors slam UK government’s support package

10:15 pm October 10, 2020

London: Mayors representing big cities in northern England have slammed the British government’s latest wage support package for employees in businesses that may be ordered to close as part of efforts to suppress local coronavirus outbreaks. In a virtual press briefing Saturday, the opposition Labour leaders of the metropolitan areas around Liverpool, Manchester, Newcastle and Sheffield sounded […]

Current job hard enough: Rishi Sunak dismisses UK PM role speculation

10:31 pm October 5, 2020

London: UK Chancellor Rishi Sunak on Monday dismissed speculation around him taking over as Britain’s first Indian-origin Prime Minister, as he stressed that his job as the finance minister of the country was hard enough. With his handling of a Covid-hit economy scoring high, there has been growing media speculation in recent weeks around Sunak, dubbed “Dishy […]

Indian-origin billionaire brothers win bid to buy UK supermarket chain Asda

9:21 pm October 2, 2020

London: Indian-origin billionaire brothers Mohsin and Zuber Issa are set to acquire a majority stake in the leading UK supermarket chain Asda from its US owner Walmart after a USD 8.8-billion deal was struck as part of a consortium involving private equity firm TDR Capital. The Issa brothers, whose parents moved to the UK from Gujarat in the 1970s, own the Euro Garages […]

Rishi Sunak considers ethnic minority figures on UK coins

6:10 pm July 26, 2020

London: UK Chancellor of the Exchequer Rishi Sunak is reportedly considering a proposal for influential ethnic minority figures to be featured on a set of UK coins to celebrate Britain’s diversity. According to ‘The Sunday Telegraph’, plans have been submitted to the Royal Mint to work out some proposals as the Indian-origin finance minister reflects upon a campaign to put influential […]

Rishi Sunak offers furlough bonus, dine-out discounts to save jobs

8:54 pm July 8, 2020

London: UK Chancellor of the Exchequer Rishi Sunak on Wednesday announced a ‘mini-budget’ that includes a bonus scheme for employers who bring furloughed or forced leave staff back to work as part of a major drive to save jobs hit by the coronavirus pandemic shutdown. As part of his Summer Economic Update in Parliament, dubbed a mini-Budget, […]