Economics
Sunak Promises ‘Fair’ Plan to Plug Hole in U.K. Finances
- Chancellor warns of risks posed by rising interest rates
- Sunak suggests he’ll continue to support workers through June
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Chancellor of the Exchequer Rishi Sunak promised he will be “honest” with the British public, signaling potential tax rises ahead to fill the gaping hole in the U.K. finances wrought by the pandemic.