United Kingdom: Minister of Finance presents his post-Covid budget

Finance Minister Rishi Sunak leaves his ministry to go to Parliament with his traditional red briefcase to present his budget on October 27, 2021. AP - Alastair Grant

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British Finance Minister Rishi Sunak presented his budget to the House of Commons on Wednesday.

Its goal is to restore the country's finances after the increase in debt with the pandemic.

However, he does not want to leave out the British health system, the NHS, as well as low wages and security.

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With our correspondent in London,

Laura Kalmus

The Minister of Finance appeared very dynamic, very optimistic even, with a growth forecast of 6.5% for 2021. A good recovery therefore after a fall of 10% last year.

So for Rishi Sunak, there is no question of reducing expenses.

A total of 177 billion euros will be spent in many sectors.

The Minister of Finance wants in particular to put an end to too long waits in hospitals, he also wants to help the poorest families with an envelope of 500 million euros, and an increase in the

minimum wage of more than 6%

.

But the country is experiencing many shortages, an increased labor shortage with Brexit and soaring energy prices.

We must therefore expect significant inflation of up to 4% in one year.

Finally, a few days before COP26, the British government also wants to show its determination to achieve carbon neutrality by 2050.

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  • UK

  • Finance

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