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With the death toll rising, the British finance minister warns of a 30% contraction in the economy: Report Instant news

 


A Finance Ministry spokesman declined to comment on the report.

The newspaper quoted unnamed ministers that Sonak and others are pushing for economic measures far from society, while others have refused due to the risk of a further escalation of the coronavirus.

A review of the existing procedures, which have been in effect since March 23, is scheduled for this week. The government is widely expected to extend the government

Slow delivery

The Treasury said in a statement that emergency financing for public services has now reached 14 billion pounds (17 billion dollars), up from 5 billion pounds announced in Sunak’s annual budget before the closure was implemented.

This includes funding for national health services and local authorities that provide social care for parents.

A Treasury spokesman said the £ 14 billion figure included several new funds, some of which were announced earlier, and account for everything that has been identified so far.

“Our general service and exceptional workers are working with exceptional determination and skills to maintain our safety,” Sonak was quoted as saying in the statement.

“We depend on them, which is why we are doing our best to provide the NHS, local authorities, etc. with the resources and tools they need to deal with the virus.”

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