{"componentChunkName":"component---src-templates-post-js","path":"/rishis-time-to-shine/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5fbe2fb36551bb00392b595a","title":"Rishi's time to shine","slug":"rishis-time-to-shine","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2020/11/Multiply-minute-17.png","excerpt":"Today, the chancellor Rishi Sunak will lay out the government’s spending plans for the months ahead.","custom_excerpt":"Today, the chancellor Rishi Sunak will lay out the government’s spending plans for the months ahead.","created_at_pretty":"25 November, 2020","published_at_pretty":"25 November, 2020","updated_at_pretty":"25 November, 2020","created_at":"2020-11-25T10:19:31.000+00:00","published_at":"2020-11-25T10:36:10.000+00:00","updated_at":"2020-11-25T10:36:10.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"The 1-minute read to get the money news you need with expert adviser commentary.\n\nSpending review\nToday, the chancellor Rishi Sunak will lay out the government’s spending plans\n[https://www.bbc.co.uk/news/uk-politics-55061432] for the months ahead. So far,\nhe’s promised £4.6 billion to tackle unemployment and £3 billion to help the NHS\nget through a backlog of delayed operations. He’ll also talk about the state of\nthe economy in the wake of the pandemic, and spending cuts and tax rises to claw\nback the costs of coping with it.\n\nMore completions in London\nCompleted home purchases have risen 6% in the capital\n[https://www.cityam.com/london-to-buck-uk-trend-with-uptick-in-2020-housing-sales-completions/]\n, compared to last year. In most other places in the country, completions are\ndown 6% - which is still an improvement from the 15% drop that was predicted.\nAnnual price growth is a bit lower in London than elsewhere though, at 2.7%.\n\nThe rush continues\nThe housing market is usually sleepy in the run up to Christmas - but this year\nit’s unlikely to get a break. The stamp duty holiday ends in March so many\nbuyers are keen to get offers accepted before Christmas. Zoopla expects 100,000\nextra completions\n[https://www.telegraph.co.uk/property/buy/housing-market-set-busiest-christmas-decade/]\n* before March, but has warned that half might not make it in time.\n\nVaccine disruption?\nA no-deal Brexit could disrupt delivery of medicines and vaccines\n[https://news.sky.com/story/no-deal-brexit-could-disrupt-medicines-and-vaccine-delivery-industry-warns-12141286]\n, including the coronavirus vaccine. The Association of the British\nPharmaceutical Industry (ABPI) says the industry has been stockpiling some\nmedicines, but the new year will be a critical time for getting the new\ncoronavirus vaccines out to the public.","html":"<p>The 1-minute read to get the money news you need with expert adviser commentary.</p><h3 id=\"spending-review\">Spending review</h3><p>Today, the chancellor Rishi Sunak will <a href=\"https://www.bbc.co.uk/news/uk-politics-55061432\">lay out the government’s spending plans</a> for the months ahead. So far, he’s promised £4.6 billion to tackle unemployment and £3 billion to help the NHS get through a backlog of delayed operations. He’ll also talk about the state of the economy in the wake of the pandemic, and spending cuts and tax rises to claw back the costs of coping with it.</p><h3 id=\"more-completions-in-london\">More completions in London</h3><p>Completed home purchases have <a href=\"https://www.cityam.com/london-to-buck-uk-trend-with-uptick-in-2020-housing-sales-completions/\">risen 6% in the capital</a>, compared to last year. In most other places in the country, completions are down 6% - which is still an improvement from the 15% drop that was predicted. Annual price growth is a bit lower in London than elsewhere though, at 2.7%.</p><figure class=\"kg-card kg-image-card\"><img src=\"https://multiply.ghost.io/content/images/2020/11/image-13.png\" class=\"kg-image\" alt loading=\"lazy\" width=\"2000\" height=\"1211\" srcset=\"https://multiply.ghost.io/content/images/size/w600/2020/11/image-13.png 600w, https://multiply.ghost.io/content/images/size/w1000/2020/11/image-13.png 1000w, https://multiply.ghost.io/content/images/size/w1600/2020/11/image-13.png 1600w, https://multiply.ghost.io/content/images/size/w2400/2020/11/image-13.png 2400w\" sizes=\"(min-width: 720px) 720px\"></figure><h3 id=\"the-rush-continues\">The rush continues</h3><p>The housing market is usually sleepy in the run up to Christmas - but this year it’s unlikely to get a break. The stamp duty holiday ends in March so many buyers are keen to get offers accepted before Christmas. Zoopla expects <a href=\"https://www.telegraph.co.uk/property/buy/housing-market-set-busiest-christmas-decade/\">100,000 extra completions</a>* before March, but has warned that half might not make it in time.</p><figure class=\"kg-card kg-image-card\"><img src=\"https://multiply.ghost.io/content/images/2020/11/image-17.png\" class=\"kg-image\" alt loading=\"lazy\" width=\"1751\" height=\"902\" srcset=\"https://multiply.ghost.io/content/images/size/w600/2020/11/image-17.png 600w, https://multiply.ghost.io/content/images/size/w1000/2020/11/image-17.png 1000w, https://multiply.ghost.io/content/images/size/w1600/2020/11/image-17.png 1600w, https://multiply.ghost.io/content/images/2020/11/image-17.png 1751w\" sizes=\"(min-width: 720px) 720px\"></figure><h3 id=\"vaccine-disruption\">Vaccine disruption?</h3><p>A no-deal Brexit could <a href=\"https://news.sky.com/story/no-deal-brexit-could-disrupt-medicines-and-vaccine-delivery-industry-warns-12141286\">disrupt delivery of medicines and vaccines</a>, including the coronavirus vaccine. The Association of the British Pharmaceutical Industry (ABPI) says the industry has been stockpiling some medicines, but the new year will be a critical time for getting the new coronavirus vaccines out to the public.</p>","url":"https://multiply.ghost.io/rishis-time-to-shine/","uuid":"cf6e3103-8cae-464e-9837-cd7b84a25306","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"5fbe2fb36551bb00392b595a"}},"pageContext":{"slug":"rishis-time-to-shine"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}