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Britain's Chancellor of the Exchequer Rishi Sunak arrives for a cabinet meeting, the first since mid-March because of the coronavirus disease (COVID-19) pandemic, at Downing Street in London on July 21, 2020. Simon Dawson/Reuters
Britain’s public finances are under “enormous strains” as a result of huge government borrowing during the CCP virus pandemic, the UK’s Chancellor of the Exchequer Rishi Sunak has said.
In an interview with the Financial Times on Friday, Sunak said he will “level with people” about the challenge when he delivers the budget on Wednesday.