Rishi Sunak may yet have to raise taxes again, not cut them
If the Chancellor’s economic optimism proves misplaced, he will have to raise taxes or cut spending to meet his fiscal…
ByRishi Sunak
Rishi Sunak is a member of the Conservative Party who was prime minister between October 2022 and July 2024. Sunak has been MP for Richmond since 2015 and before becoming PM he served as chancellor of the Exchequer from 13 February 2020 to 5 July 2022. Thanks to a Fulbright scholarship, he studied philosophy, politics and economics at Lincoln College, Oxford, and did an MBA at Stanford University. Find all our latest news, comment and analysis of the former prime minister here.
Rachel Reeves’s Budget response shows she can compensate for Keir Starmer’s weaknesses
The shadow chancellor’s commanding performance proved that Labour needs a co-leadership.
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Who will benefit from Rishi Sunak’s Universal Credit taper rate cut in the Budget?
More than 60 per cent of Universal Credit claimants will not benefit from the change and will feel the full…
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How generous was Rishi Sunak’s 2021 Budget and spending review really?
Beneath the surface of headline-grabbing announcements, the long legacy of austerity still cuts deep.
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The pay rises promised by Rishi Sunak don’t mean the end of austerity
Spending cuts will continue to weaken large parts of the state.
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Will selective austerity continue to work for the Conservatives?
The political approach that has proved lucrative for the Tories over the past decade may not be suited to the…
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Is the Tory electoral coalition ready for an interest rate rise?
With the Bank of England’s chief economist warning inflation could hit 5 per cent, monetary policy is about to get…
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Exclusive: New figures reveal Rishi Sunak’s flagship youth jobs scheme is having little impact
New data reveals that Kickstart, extended for four months by the Chancellor this week, is not driving a fall in…
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Why uneasy Tories are still backing Boris Johnson
Support for the Prime Minister has never been higher within the Conservative Party, however shaky the ideological support for the…
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How dangerous are the tensions between Boris Johnson and Rishi Sunak for the Conservatives?
The differences between the Prime Minister and his Chancellor are benefiting the Tories. But it’s naive to think that will…
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Rishi Sunak’s speech is a big gamble for him and the Conservatives
The Chancellor is betting that a return to the old approach of austerity won’t end up with the same old…
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Conservative MPs have a familiar worry about the Universal Credit cut
As welfare is cut again, Tory MPs are haunted by the consequences of George Osborne’s 2015 Budget.
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Rishi Sunak and the foreign aid rebels
Anoosh Chakelian, Stephen Bush and Ailbhe Rea look at the Conservative rebellion over foreign aid budget cuts.
Can the UK withstand Rishi Sunak’s budget cuts?
Stephen Bush, Anoosh Chakelian and Ailbhe Rea review the 2021 budget announcement on the New Statesman podcast.
Will Rishi Sunak raise taxes in the 2021 Budget?
Reports of corporation tax hikes have sparked a row on both sides of the Commons.