UK's Sunak delivers budget speech and spending review

By Kitco News / October 27, 2021 / www.kitco.com / Article Link

LONDON, Oct 27 (Reuters) - Finance minister Rishi Sunak was expected to announce multi-billion-pound public investments alongside tight controls on day-to-day outlays in a budget speech and three-year spending plan on Wednesday.

Below are highlights of Sunak's speech in parliament:

Employment is up. Investment is growing. Public services are improving. The public finances are stabilising. And wages are rising. Today's Budget delivers a stronger economy for the British people: Stronger growth, with the UK recovering faster than our major competitors.

For too long, far too long, the location of your birth has determined too much of your future. Because the awesome power of opportunity shouldn't be available only to a wealthy few ... but be the birth right of every child in an independent and prosperous United Kingdom.

Compiled by Kate Holton and Costas Pitas

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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