Chancellor Rishi Sunak is set to address the public in a speech later today during the Conservative Party conference in Manchester.
Sunak is expected to announce a £500 million expansion of job support and address unemployment rising since the furlough scheme ended last week and the amount received through universal credit decreased by twenty pounds.
Labour conference 2021: leader Sir Keir Starmer outlines future plans
The chancellor has not ruled out further tax rises, including an increase in council tax, to fund the government’s social care reforms.
In the speech today Sunak is expected to outline fresh funding for schemes designed to provide help and increase the chances of employment for those struggling to find work.
During the conference over the weekend, Prime Minister Boris Johnson (PM) set out his plans for how he wants to change and improve the UK as it emerges from the Covid-19 pandemic.
“Build Back Better means we want things to change and improve as we recover,” the PM said.
“Only the Conservatives are getting on with the job, tackling the long-term challenges this country faces.
“That means taking the big, bold decisions on the priorities people care about – like on social care, on supporting jobs, on climate change, tackling crime and levelling up.”
A lack of HGV drivers and the fuel crisis which hit the UK recently, causing many forecourts to close has been one of many problems that the country is dealing with.
Cost of living, food and energy prices continues to concern the public, however the PM insists that the UK is in a “period of adjustment” after Brexit and Covid.
Speaking to the BBC, the PM in relation to food supply issues he said he was “very confident” the supply issues during the festive period would be “considerably better” compared to last year.
Live blog of Chancellor Rishi Sunak at the Conservative Party conference 2021
Read more politics news and articles for retailers
Comments
This article doesn't have any comments yet, be the first!