UK's Indian-origin finance minister to present first budget of Johnson govt

Britain's new finance minister Rishi Sunak will pledge billions of pounds to fight the impact of coronavirus on Wednesday, and the Bank of England might add its firepower to the attempt to stave off the risk of a new recession.

Sunak, in the job for less than a month, will deliver the first budget of Prime Minister Boris Johnson's government against a backdrop of slumping stock markets and a rush by global policymakers to pump more stimulus into their economies. The tax-and-spending plan - which Sunak will announce in parliament.....

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