The chancellor must perform a deft juggling act in the budget. It’s not just the finances that will be hard to reconcile – it’s the politicsWednesday 11 March 2020 was a momentous day not only for Rishi Sunak,but for the UK and the world. It was the day Sunak delivered his first budget as chancellor of the exchequer. But it was also when the World Health Organization declared a global pandemic as cases of Covid-19 soared.
In his budget, Sunak threw the enormous sum of £30bn at Covid-related support. He told the Commons: “There is likely to be a temporary disruption to our economy. For a period, and it’s going to be tough.”It has been a tough year. There was no playbookContinue reading...
Source: theguardian.com