London: Chancellor of the Exchequer of Britain Rishi Sunki Ahead of its autumn budget statement on Sunday, it unveiled a series of spending plans, including GBP 5 billion for health research and innovation and GBP 3 billion for education and skills.
The Indian-origin finance minister, who has been in charge of the country’s financial response to the pandemic, reiterated his promise to do “whatever it takes” to help businesses and working families.
In promises unveiled by his Treasury Department ahead of Wednesday’s budget speech, GBP 1.4 billion is set aside to encourage foreign investment in UK businesses and attract foreign talent; GBP 700 million will be spent mainly on new After Brexit borders and immigration systems, as well as a new maritime patrol fleet; GBP 560 million for adult maths coaching to help increase marks; and six months extension for the covid recovery loan scheme till June 2022.
“I know families here at home are feeling the sting of higher prices and are worried about the months ahead,” Sunak writes.Sunday on Sunday’.
“But I want you to know, we will continue to do whatever we want to do, we will keep giving you a pat – just like we did during the pandemic. And while we can’t solve these problems overnight, I am determined to face these challenges head on, with the same grit and determination this great nation has shown during the pandemic,” he writes.
At the heart of their plans is a so-called “skills revolution” that includes T-level skills qualifications for 16 to 19 year olds.
Sunak said, “This GBP 3 billion skills revolution builds on our jobs plan and will transform education after 16 to spread opportunities across the UK – giving people the skills they need to earn more and move on in life. Is.”
And, about 500,000 people need a new . expected to benefit from multiply Program of free personalized learning, digital training and flexible courses.
“Better math can mean better jobs and a bigger pay packet. Multiplication will help people develop new skills and create opportunities,” Sunak said.
In addition, a UK-wide trial of a Covid-19 antiviral treatment will receive GBP 33 million, while GBP 40 million on research into social care reform, GBP 30 million on investing in research skills and training, and GBP 20 million on research will be spent. in climate change and health.
Autumn Budget, presented House of Commonsimportant in the UK financial calendar, and will accompany an expense review To allocate funds to various government departments. Sunak described next week’s budget as his plan to “invest in public services, invest in growth, and invest in jobs”.
The Indian-origin finance minister, who has been in charge of the country’s financial response to the pandemic, reiterated his promise to do “whatever it takes” to help businesses and working families.
In promises unveiled by his Treasury Department ahead of Wednesday’s budget speech, GBP 1.4 billion is set aside to encourage foreign investment in UK businesses and attract foreign talent; GBP 700 million will be spent mainly on new After Brexit borders and immigration systems, as well as a new maritime patrol fleet; GBP 560 million for adult maths coaching to help increase marks; and six months extension for the covid recovery loan scheme till June 2022.
“I know families here at home are feeling the sting of higher prices and are worried about the months ahead,” Sunak writes.Sunday on Sunday’.
“But I want you to know, we will continue to do whatever we want to do, we will keep giving you a pat – just like we did during the pandemic. And while we can’t solve these problems overnight, I am determined to face these challenges head on, with the same grit and determination this great nation has shown during the pandemic,” he writes.
At the heart of their plans is a so-called “skills revolution” that includes T-level skills qualifications for 16 to 19 year olds.
Sunak said, “This GBP 3 billion skills revolution builds on our jobs plan and will transform education after 16 to spread opportunities across the UK – giving people the skills they need to earn more and move on in life. Is.”
And, about 500,000 people need a new . expected to benefit from multiply Program of free personalized learning, digital training and flexible courses.
“Better math can mean better jobs and a bigger pay packet. Multiplication will help people develop new skills and create opportunities,” Sunak said.
In addition, a UK-wide trial of a Covid-19 antiviral treatment will receive GBP 33 million, while GBP 40 million on research into social care reform, GBP 30 million on investing in research skills and training, and GBP 20 million on research will be spent. in climate change and health.
Autumn Budget, presented House of Commonsimportant in the UK financial calendar, and will accompany an expense review To allocate funds to various government departments. Sunak described next week’s budget as his plan to “invest in public services, invest in growth, and invest in jobs”.
.