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UK's Sunak warns of bill to be paid to tackle Britain's 'exposed' finances -FT

Fri, 26th Feb 2021 23:10

Feb 26 (Reuters) - British finance minister Rishi Sunak will
use the budget next week to level with the public over the
"enormous strains" in the country's finances, warning that a
bill will have to be paid after further coronavirus support,
according to an interview with the Financial Times.

Speaking to the FT, Sunak said there was an immediate need
to spend more to protect jobs as the UK emerged from the
COVID-19 threat, but warned that Britain's finances were now
"exposed".

($1 = 0.7178 pounds)
(Reporting by Bhargav Acharya in Bengaluru; Editing by Leslie
Adler)

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