Rishi Sunak Profile picture
Jul 25 โ€ข 6 tweets โ€ข 2 min read
1/ China and the Chinese Communist Party represent the largest threat to Britain and the worldโ€™s security and prosperity this century.

Read this thread๐Ÿ‘‡on how I will face down China.
2/ I would close all 30 of Chinaโ€™s Confucius Institutes in the UK - the highest number in the world.

Almost all UK government spending on Mandarin language teaching at school is channelled through university-based Confucius Institutes, thereby promoting Chinese soft power.
3/ I will build a new international alliance of free nations to tackle Chinese cyber-threats and share best practice in technology security.
4/ I will expand MI5โ€™s reach to provide greater support to British businesses and universities to counter Chinese industrial espionage.

Weโ€™ll work across government and with security services to build a toolkit to help companies protect their intellectual property.
5/ I will protect key British assets.

That means examining the need to prevent Chinese acquisitions of key British assets including strategically sensitive tech firms.
Sign up to the campaign at Ready4Rishi.com

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More from @RishiSunak

Feb 3
1/ The energy regulator OFGEM has announced that the energy price cap will rise in April.

Without action this would be very tough for millions of families.

So we're going to step in and directly help people manage those extra costs with a ยฃ350 Energy Bills Rebate.

Explainer ๐Ÿ‘‡
2/ The first part of the rebate spreads the extra costs of this yearโ€™s energy price shock.

In October all domestic electricity customers will receive a ยฃ200 discount on their bills.

People will then have five years to repay that discount in equal instalments of ยฃ40 a year.
3/ We'll provide more help to those who need it most by discounting Council Tax bills by ยฃ150 in April.

People on middle incomes are struggling right now, too so we're providing the council tax discount to households in Bands A to D - around 80% of all homes in England.
Read 5 tweets
Jan 26
1/ A lot of people are concerned about fraud in our Covid support measures and theyโ€™re absolutely right to be.

No, Iโ€™m not ignoring it, and I'm definitely not โ€˜writing it offโ€™ ๐Ÿ‘‡
2/ Clearly criminals have sought to exploit our support schemes.

Weโ€™re going to do everything we can to get that money back and go after those who took advantage of the pandemic.
3/ We've invested over ยฃ100m in a Taxpayer Protection Taskforce with 1,265 staff to combat fraud. That's one of the largest and quickest responses to a fraud risk by @HMRCgovuk ever.

13,000 one-to-one enquiries were opened in 2020/21 and HMRC wrote to 75,000 people.
Read 6 tweets
Jun 5, 2021
๐Ÿšจ At the @G7 in London today, my finance counterparts and I have come to a historic agreement on global tax reform requiring the largest multinational tech giants to pay their fair share of tax in the UK.

๐Ÿ‘‡The thread below explains exactly what this means. #G7UK
2/ Under the principles of the landmark reforms, the largest global firms with profit margins of at least 10% will be in scope โ€“ with 20% of any profit above the 10% margin reallocated and then subjected to tax in the countries where they make sales.
3/ The G7 also agreed to the principle of a global minimum corporation tax on large firms of at least 15% operated on a country-by-country basis โ€“ creating a more level playing field for UK firms and cracking down on tax avoidance.
Read 4 tweets
Nov 25, 2020
1/ Todayโ€™s Spending Review delivers on the priorities of the British people.

This thread covers ๐˜€๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ธ๐—ฒ๐˜† ๐—ฎ๐—ป๐—ป๐—ผ๐˜‚๐—ป๐—ฐ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ from Departments across Government. #SR20
2/ This Spending Review delivers a historically high @UKHomeOffice budget which will help them to keep people safe and deliver new border and immigration arrangements. #SR20
3/ Weโ€™re providing over ยฃ76 billion for @educationgovuk to meet the governmentโ€™s commitment to level up education standards across the country and drive economic growth through improving the skills pipeline; levelling up productivity and supporting people into work. #SR20
Read 13 tweets
Oct 9, 2020
1/ Iโ€™m announcing today that Iโ€™m expanding the Jobs Support Scheme.

Where the coronavirus restrictions legally require business premises to close, in any region or nation of the UK, we will help pay employeesโ€™ wages.
2/ So, if your business does close their doors, and you cannot work at all for one week or more, your employer will pay you two thirds of your normal salary, up to ยฃ2,100 a month

โ€“ and the UK government will cover the cost.
3/ The scheme applies to all business premises legally required to close. That includes those told to operate on a collection only or delivery basis.

Unlike the Jobs Support Scheme for open businesses, all weโ€™ll ask businesses to pay is Employer NI and pension contributions.
Read 7 tweets
Sep 24, 2020
1/ The Job Support Scheme will directly support the wages of people in work, giving businesses who face depressed winter demand the option of keeping employees in a job on shorter hours rather than making them redundant.
2/ The scheme will support viable jobs so ๐ž๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐ž๐ž๐ฌ ๐ฆ๐ฎ๐ฌ๐ญ ๐›๐ž ๐ฐ๐จ๐ซ๐ค๐ข๐ง๐  ๐š๐ญ ๐ฅ๐ž๐š๐ฌ๐ญ ๐š ๐ญ๐ก๐ข๐ซ๐ ๐จ๐Ÿ ๐ญ๐ก๐ž๐ข๐ซ ๐ง๐จ๐ซ๐ฆ๐š๐ฅ ๐ก๐จ๐ฎ๐ซ๐ฌ and be paid for that work, as normal, by their employer.
3/ The government, together with employers, will increase those peopleโ€™s wages ๐œ๐จ๐ฏ๐ž๐ซ๐ข๐ง๐  ๐Ÿ/๐Ÿ‘ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฉ๐š๐ฒ ๐ญ๐ก๐ž๐ฒ ๐ก๐š๐ฏ๐ž ๐ฅ๐จ๐ฌ๐ญ by reducing their working hours.

The employee will keep their job. Anyone who as of yesterday is employed is eligible.
Read 6 tweets

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