The Chancellor was on Sky News to discuss the government’s strategy to rebuild the UK economy after the Coronauer epidemic. The sage craze was optimistic that Britain would reborn strongly and insisted that the country’s economy was in a stronger position than many European counterparts such as Italy, Spain and Germany. His remarks are against the backdrop of growing speculation about which measures could be included in Mr. Sunak’s upcoming March budget.
“What you see is that our performance is in line with all our international partners,” Mr. Sanak told Sky News.
“Worse, I noticed that,” the Akash editor interrupted. Ed Conway.
“In fact, it is slightly better than places like Canada, Italy, Spain and Germany,” the chancellor replied.
“It’s definitely online for a little better.”
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He said: “If you look at unemployment or employment trends, really, our employment performance.
“It is better than most of our international colleagues.”
The UK economy has contracted 9.9% over the previous year, the biggest decline on record, according to data released by the Chancellor’s Commentary National Statistics Office (ONS).
Hopefully, however, the economy is set to survive the recession after growing 1.2% in December.
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Chancellor Rishi Sanak said: “Today’s data shows that the economy has suffered a major setback due to the epidemic being felt by countries around the world.
“While there are positive signs of economic resilience this winter, we know that the current lockdown has a significant impact on many people and businesses.
“Therefore I continue to do everything possible to protect jobs, companies and livelihoods.
“In the budget, I will outline the next phase of our plan for jobs and the support we will provide during the next phase of the epidemic.”
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