Mar 11, 2020
Budget 2020: Chancellor says 'we will get through coronavirus together'
Chancellor Rishi Sunak has warned of a significant but temporary disruption to the UK economy caused by the coronavirus outbreak, in his Budget. Mr Sunak who was promoted to chancellor just four weeks ago after Sajid Javid quit the government, has had to hastily re-write the government's financial plans to deal with coronavirus. Mr Sunak will deliver another Budget in the Autumn, which is likely to be include more ambitious plans to "Level up" the economy and deal with post-Brexit trading arrangements with the EU. The chancellor is expected to announce more cash for the NHS to deal with coronavirus. Public Health England, which has already carried out more than 25,000 coronavirus tests across the UK, is set to expand the number of people it can test a day to 10,000 - currently 1,500 are being carried out. The Budget comes in a week in which shares around the world - already hit by fears about coronavirus - suffered some of their biggest falls since the 2008 financial crisis.
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