Economics
U.K.’s Sunak Faces Call From Tories, Business to Boost Virus Aid
- Northern Conservatives seek tax breaks, better infrastructure
- British Chambers of Commerce says businesses ‘on their knees’
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Chancellor of the Exchequer Rishi Sunak came under pressure from a powerful bloc of Conservative lawmakers and one of the U.K.’s biggest business groups to step up coronavirus assistance, with the U.K. mired in its third lockdown.
Sunak should extend tax breaks and a temporary uplift in benefits, as well as borrow money to help fund an “infrastructure revolution,” 50 Tory lawmakers in the Northern Research Group said late Thursday in a letter to the chancellor. The group warned of a series of “cliff edges” faced by families and businesses, with various support programs due to close.