UK politics lives on: Rishi Sunak says the economy is shrinking by 11.3% this year

சுனக் The government has confirmed that it will spend Rs 9 2.9 billion on the resumption employment scheme.

He says the government will provide pay rises for doctors and nurses in the NHS.

Wage increases in the remaining public sector will be suspended next year.

But those on lower wages will get a pay rise. He says anyone earning $ 24,000 less than the average salary will get a $ 250 pay rise.

This means a pay rise for most public sector employees.

Sunak says the government is ready to borrow $ 394 billion this year – 19% of GDP.

That, he says, is the highest level of borrowing in peacetime history.

He says borrowing for the rest of this parliament will be more than $ 100 billion a year.

Sunak says the economy will be 11.3% smaller this year.

But it is expected to grow to 5.5% next year, then to 6.6%, then to 2.3%, then to 1.7% and then to 1.8%.

But he says the release will not return to pre-crisis levels until the fourth quarter of 2022.

சுனக் He says he prioritizes jobs, businesses and public services.

The government is providing $ 280 billion to get the country through Govt, he says.

He says next year b18 billion will be spent on testing, BPE and vaccines.

He says more than $ 2 billion has been earmarked for transportation, including rail subsidies.

B goes to more than 3 billion councils, he says.

In total, he says, $ 55 billion will be available for public services.

Rishi Sunak The cost review states people’s priorities.

The health emergency is not over yet, he says. The economic emergency has only just begun.

He says there will be a generational investment in infrastructure.

From Politico Emilio Casaliccio

PMQs are over.

The Speaker is pleased to donate equipment to No. 10 to answer distant questions to the Prime Minister. But Commons wants to return its kit, he says.

Andrew Percy (Con) asks the Prime Minister to revisit the Tier 2 restrictions and how they affect pubs that cannot provide substantial food.

Johnson He says there are grants to help companies in hospitality and shelter. He is well aware of how difficult this can be for these pubs and hotels, he says. He says he will do his best to support them.

He pays tribute to the people of Liverpool for supporting the mass test pilot. This seems to have helped reduce the virus, he says. It provides a way forward.

John Trickett (Lab) Rolls-Royce says it will cross 350 jobs from the north of the UK. Does the Prime Minister agree that those jobs should be?

Johnson Supporting the Rolls Royce says Trickett is right. He says it has been plagued by problems in the aerospace industry. He says Triquette makes “a great point”.

Tonia Antoniasi (Laboratory) Wage freeze is the actual reduction of wages for public sector employees.

Johnson At a time when the private sector has been badly affected, and private sector workers have seen an impact on their wages, the government must take responsibility. But he says public sector employees received a pay rise in July. And there are many more in the cost review, he says.