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30.12 - 13:37
Rishi Sunak faces fiscal dilemma after rare political misstep
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Hobnobbing with tech bosses in California as the hospitality sector howled in pain at the catastrophic impact of the Omicron variant was a rare political misstep for a chancellor whose public image is so carefully polished.
Until midweek, the Treasury had stuck carefully to the line that ample financial support was already available to hard-hit hospitality firms – the VAT cut for the sector extends into next spring, for example.
And Downing Street officials maintained that since they weren’t ordering businesses to close, additional help would not be necessary.
Sunak himself was said to be deeply sceptical about turning the bailout taps back on, after the furlough scheme was finally wound down in the autumn, and as he tries to rebuild his
Read more on theguardian.comAbout this in other media
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