‘Economic emergency has only just begun’: spending review reaction in quotes

“Our health emergency is not yet over and our economic emergency has only just begun.” Rishi Sunak, chancellor of the exchequer “This will hit household and public finances hard. The British state has never seen anything like this outside of world war two.” Torsten Bell, chief executive of the Resolution Foundation “Stark forecasts point to […]

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Rishi Sunak’s £4.8bn ‘levelling-up’ UK fund met with scepticism

The government will launch a “levelling-up fund” for England worth £4bn to support towns and communities with regeneration projects, Rishi Sunak has said. The chancellor used his spending review statement to announce details of the new funding package as part of Boris Johnson’s election promise to boost the economic prosperity of areas outside London and […]

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