Chancellor of the Exchequer Rishi Sunak said he will increase spending on public services this week in a bid to shore up the UK economy amid the “enormous stress and strain” of the coronavirus pandemic. The chancellor will unveil departmental budgets on Wednesday as he seeks to balance the need to support the economy against the long-term risks of ballooning government borrowing. Even as he battles with the current crisis, he has an eye on ensuring the public finances are prepared to weather future shocks, he said yesterday. “You will not see austerity next week,” Sunak said in an interview with Sky News. “What you will see is an increase in government spending on day-to-day public services
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