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Rishi Sunak hints at a business-friendly budget

BRITAIN’S new finance minister Rishi Sunak is preparing the government’s first post-Brexit budget to be presented on March 11.

The Chancellor of the Exchequer was very pro-active on updating his activities related to budget on Twitter.


His latest tweet hints at a business-friendly budget. The businesses in the country are having an uncertain time owing to Brexit. It is anticipated that the budget will be in line with the expectations of the business fraternity.

“Great meeting this morning with business leaders to discuss our plans to unleash Britain’s potential. I promise I didn't look this serious the whole time,” Rishi Sunak tweeted.

On February 18, when he first tweeted about the preparations for budget, just a few days after assuming the office, he promised that the budget “will deliver on the promises we made to the British people”.

He further said “levelling up and unleashing the country’s potential” will be the priority.

Since then he tweeted often with #Budget2020. Once he landed into controversy with one of his budget tweet.

“Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew,” he tweeted on February 21.

The visual of a large bag of Yorkshire Tea and an endorsing line—“Nothing like a good Yorkshire brew”—that accompanied it has stirred a large controversy.

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  • Quarterly profit surged to 344.4 m rupees from 100.4 m rupees year-on-year.
  • Revenue grew 25 per cent to 23.56 bn rupees on premium brand partnerships.
  • Company expands internationally with Kay Beauty launching in UK stores.
Indian beauty retailer Nykaa has posted a more than three-fold increase in quarterly profit, driven by steady demand for makeup and skincare products and strategic partnerships with global brands.

FSN E-Commerce Ventures, which operates the Nykaa platform, reported a profit of 344.4 million rupees (£3.9 m) for the quarter ended 30 September, up from 100.4 m rupees a year earlier.

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