Home / Market Update / Sunak: We Can’t Keep Borrowing Huge Sums in Long Term

Sunak: We Can’t Keep Borrowing Huge Sums in Long Term

British Finance Minister Rishi Sunak said Tuesday that his country cannot continue to borrow huge sums in the long term because it is not sustainable for the economy.

“It is clear that this year we have had to borrow huge sums to support the economy in a time of crisis, which is the right thing to do,” he told BBC television.

Check Also

Gold Breaks Past $3,600 to Set New All-Time Peak

Gold prices hovered close to record levels on Monday, extending last week’s rally after weak …