The Chancellor Rishi Sunak has bowed to the inevitable by raising the prospect of austerity and a dramatic cut in public finances once the coronavirus pandemic subsides.

The resurgent coronavirus pandemic has dealt a fresh blow to UK economic planning by forcing the cancellation of the Autumn Budget.

FCO and DfID have finally merged triggering fresh fears over the future of the UK's overseas aid budget.

In a rare moment of candor the Chancellor of the Exchequer Rishi Sunak has expressed deep pessimism over the extent of the coronavirus-induced recession.

The Chancellor of the Exchequer has unveiled a £30 billion scheme to kickstart the economy as the UK emerges from lockdown.

The Chancellor, Rishi Sunak, has given strong indications that the government is seeking to end almost all lockdown restrictions by early next month.

For the first time since the pandemic swept across the country the chancellor Rishi Sunak has come clean by giving a realistic appraisal of the scale and severity of the potential economic crisis to the House of Lords.

As many as 6 million people in Britain fear losing their job within six months amid the coronavirus pandemic, a study shows.

The Chancellor, Rishi Sunak, is coming under intense pressure to extend his financial rescue package to the UK's army of 5 million self-employed workers.

Britain's highly ambitious new chancellor, Rishi Sunak, has tried to exploit widespread public anxiety over the coronavirus outbreak to further entrench his position both in the Tory party and the government.