‘Sacred Duty’Sunak himself has led the spending effort with successive mini-budgets to increase aid for the economy.
But he has also proclaimed a mantra of getting the public finances in order, what he calls a “sacred duty."In an interview published in the Sunday Times, Sunak flagged the potential for a tighter fiscal regime next year.“We’ll have to figure out what the best way of returning to sustainable public finances is," he was reported saying. “I’m hopeful that by the spring, with positive news on both mass testing and vaccines, we can start to look forward."The chancellor may impose some rigor next week, with a squeeze on pay being considered for some 3.8 million public sector workers who don’t work in health care.