The Chancellor Rishi Sunak has announced £30bn of measures to help the economy begin to rebuild after the “profound economic challenges” of coronavirus.
Mr Sunak said the UK economy had shrunk 25% in just two months – the same amount it grew in the previous 18 years.
So will his plans make a real impact? Sky’s Political Editor Beth Rigby and Economics Editor Ed Conway give their reaction.
Find out more: https://trib.al/sVzDfH1
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
In This Story: Rishi Sunak
Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015, despite having a limited political background.
His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.
Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, without having ever contested an election; he would later become the UK Chancellor of the Exchequer in under five years.
7 Recent Items: Rishi Sunak
In This Story: UK
UK is the abbreviated form of the United Kingdom of Great Britain.