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Rishi Sunak says tough decisions needed to fix economy

Rishi Sunak says tough decisions needed to fix economy
New Prime Minister Rishi Sunak said on Friday that difficult decisions will have to be taken to get British government borrowing and debt on a sustainable path, adding that he was confident of fixing the economy.
"We face lots of challenges as a country, but I am confident that we can fix the economy," Sunak told reporters.

"The Chancellor has already said of course difficult decisions are going to have to be made and I'm going to sit down and work through those with him ... we need to do these things so that we can get our borrowing and debt back on a sustainable path."

(Reuters )

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FILE PHOTO: Former Prime Minister Rishi Sunak.

(Photo by Carl Court/Getty Images)

AI is already squeezing jobs for young workers, warns Rishi Sunak

  • Rishi Sunak says AI is already reducing entry-level job opportunities for young people
  • Business leaders privately telling him firms can grow without taking on more staff
  • He calls for National Insurance to be scrapped and replaced with taxes on company profits
  • Sunak, now an adviser to Anthropic and Microsoft, warns AI's jobs impact "may be different to previous technology cycles"

ARTIFICIAL INTELLIGENCE is already making it harder for young people to find work, former prime minister Rishi Sunak has warned, adding that the government needs to act now to stop the problem getting worse.

Speaking to BBC Newsnight, Sunak said chief executives had been telling him privately that they were confident they could keep expanding their businesses without meaningfully growing their workforces.

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