Chancellor of the Exchequer Rishi Sunak announced a spending splurge to ward off...
LONDON - Chancellor of the Exchequer Rishi Sunak announced a spending splurge to ward off the economic effects of coronavirus in his maiden budget on Wednesday, ditching the taunting preferred by his predecessors in favour of an earnest tone more in tune with worrying times.
That thrust Sunak, who backed Brexit, into Britain’s second highest political office at a time of heightened uncertainty over the country’s future relationship with the European Union and a burgeoning global crisis over the impact of coronavirus. “And I know they get even more worried when they turn on their TVs and hear talk of markets collapsing and difficult times coming.
Born in England to Indian parents - a doctor and a pharmacist - Sunak is married to the daughter of an Indian billionaire, co-founder of IT services company Infosys, Narayana Murthy.
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