The Chancellor said: “Over time and as the economy recovers we absolutely need to have an eye on our public finances and to make sure that we are in a strong and sustainable position.”. Another proposal put forward by the CBI business group would see subsidies for firms that can offer staff at least 50% of their normal hours, with the cost for non-working hours shared equally by the company, the Treasury and the employee. Rishi Sunak made his first bid for power at an auction house. Click to watch Rishi Sunak live from Downing Street on the Mirror’s Facebook page. “We want to keep our pilots and our cabin crew employed and paid, but we’re going to have to have huge Government assistance for that,” he said. Registered office: 1 London Bridge Street, SE1 9GF. Above all, we need to face up to the trade offs and hard choices coronavirus presents and there has been no harder choice than to end the furlough scheme. “But as the economy re-opens it is fundamentally wrong to hold people in jobs that only exist inside the furlough.”. Asked how the package would be paid for, Rishi Sunak said there would be “difficult” decisions in the future. “First, it will support viable jobs. Rishi Sunak (right) and Akshata with their two daughters. What’s happening here is similar to what’s happening in many other countries. Sunak is famous for being a Star Wars fan who wanted to grow up to become a Jedi knight. Brits enjoyed a final night of partying before the 10pm lockdown curfew comes into force this evening. The sources of our economic growth and the kinds of jobs we create will adapt and evolve to the new normal. As he wrapped up his address to the House of Commons, Sunak showed he has an eye on the history books. Rishi Sunak was born on born 12 May 1980 (aged 39 years; as in 2020) in Southampton, Hampshire. His comments came as Health Secretary Matt Hancock estimated fewer than 10,000 a day are contracting the virus. It could see the Government and firms share the cost of topping up wages for employees only able to work part-time due to the pandemic. We’re dealing with unprecedented economic uncertainty. The Chancellor claimed the new jobs support scheme was “more targeted” than furlough, and would help businesses who really need assistance. He isn’t immune to missteps either. Rishi Sunak wife: Who is Rishi Sunak’s wife? You can find all you need to know about what he said earlier here. “My expectation and hope is that this new scheme will be able to benefit large numbers of people and help protect their jobs through the difficult winter months, especially as demand is depressed in their companies. * He is the MP for Richmond in North Yorkshire and among the three Indian-origin faces in Johnson’s cabinet. Later in the night, crowds poured into the street - some ending up slumped on the floor as they made their way home. “I know that from talking to them, and I’m sure members on the opposite benches know that from talking to businesses in their constituencies.”. Good bloke. Asked how many jobs will be saved, Rishi Sunak has just said it is impossible to predict.