Britain’s finance minister to announce next plans for economy on July 8

Sunak speaking at a remote press conference inside 10 Downing Street in central London on May 29, 2020. (AFP)

British Finance Minister Rishi Sunak said he would announce an update to his plans for steering the economy through the coronavirus crisis on July 8.

Sunak has rushed out emergency measures worth an estimated 133 billion pounds ($163.7 billion) mostly to keep people in their jobs.

Earlier on Tuesday, Prime Minister Boris Johnson announced a plan to fast-track 5 billion pounds ($6.13 billion) of infrastructure investment and slash property planning rules to revive the UK economy but that had been expected and had little impact.

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Last Update: Tuesday, 30 June 2020 KSA 19:14 - GMT 16:14
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