BUDGET 2020 AT A GLANCE: The key points of Chancellor Rishi Sunak’s crucial speech as it happens
As the newly-installed Chancellor Rishi Sunak gets to his feet to deliver his and this Government’s first Budget against the ominous backdrop of the continuing novel coronavirus outbreak, This is Money is picking out all the key points and bringing them to you in one place to get you up to speed at a glance.
Please refresh the page for the latest updates
NOVEL CORONAVIRUS SPECIAL MEASURES
-The Chancellor begins at 12.34 by addressing the novel coronavirus outbreak. ‘We will get through this together’ Sunak says. The Government is doing ‘everything it can’ to keep the UK healthy and financially secure’, he adds.
-Sunak said there is likely to be a ‘temporary disruption’ to the economy while up to a fifth of the working age population could be off at any one time.
–Whatever extra resources the NHS needs to cope with the coronavirus ‘it will get’ he pledges
ECONOMY AND PUBLIC BORROWING
PERSONAL TAXATION
BUSINESS TAXATION
INFRASTRUCTURE
HOUSING
NHS AND SOCIAL CARE
EDUCATION
ALCOHOL, SOFT DRINKS, TOBACCO AND FUEL