Costas Milas
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Budget 2020: new UK chancellor unveils £30 billion coronavirus fightback
The UK’s newly appointed chancellor of the exchequer, Rishi Sunak, opted for a £30 billion fiscal expansion plan – widening the government deficit with extra spending – to provide stimulus and avert a significant slump. The UK’s newly appointed chancellor of the exchequer, Rishi Sunak, opted for a £30 billion fiscal expansion plan – widening the government deficit with extra spending – to provide stimulus and avert a significant slump.