LONDON: Britain is expected to keep vast emergency financial support propping up the UK’s virus-battered economy when unveiling its annual budget Wednesday, but could also raise tax to fight surging debt.
“The key thing is right now to keep supporting the economy… but also level with people,” finance minister Rishi Sunak said Sunday, as Britain from next week begins to exit its third Covid lockdown.
Britain is the worst-hit country in Europe with more than 120,000 Covid deaths and four million cases but its economic recovery hopes have been boosted by its vaccination of millions of adults.
Reports suggest that Chancellor of the Exchequer Sunak will pump out extra billions…
