Tag Archives: Sunak delays plan to plug Britain’s budget black hole

LONDON: Britain’s new Prime Minister Rishi Sunak on Wednesday delayed the announcement of a keenly awaited plan for repairing the country’s public finances until Nov 17, two-and-a-half weeks later than previously planned. The postponement, Sunak’s first policy decision since taking over from Liz Truss on Tuesday, briefly raised British borrowing costs in financial markets but there was no repeat of …

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