Chancellor Rishi Sunak delivers his ‘getting it done’ Budget
ByDaniel O'Donoghue and Stefan Morkis
Chancellor Rishi Sunak has delivered his first UK Budget, with emergency planning for dealing with the coronavirus outbreak dominating his plans.
As growth forecasts were slashed and the Bank of England announced an emergency cut in interest rates, Mr Sunak pledged a £30 billion package to stimulate the economy.
In a speech regularly punctuated by “we are getting it done” statements from the new Chancellor, there were also pledges of investment for public services and tax cuts for “millions of hardworking people”.
Mr Sunak stressed there “could be no delay in laying the foundations for a decade of growth where opportunity was spread equally across the UK”.