Tuesday, 17 March 2020

UK set to suspend council tax and utility bills

THE Government could scrap utility bills and council tax for millions of Britons, with guarantees that businesses will also not lose out in a massive rescue package aimed at fighting the impact from the coronavirus outbreak.

Government economists have laid out the options as Rishi Sunak prepares to unveil financial measures to help the UK across all major sectors. A former adviser to George Osborne has indicated the government will need to splash out as much as £450billion. The Government’s own fiscal watchdog has also warned huge sums will have to be borrowed to keep UK plc afloat.

No comments :

Post a Comment