Coronavirus: Will the chancellor’s new Budget help? – BBC Newsnight

New Chancellor Rishi Sunak has unveiled a £30bn package to boost the economy amid the coronavirus outbreak.
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In his first Budget speech, Mr Sunak warned of a “significant” but temporary disruption to the UK economy but vowed: “We will get through this together.”

He announced he is suspending business rates for many firms in England, extending sick pay and boosting NHS funding.

Mr Sunak 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.

Newsnight is the BBC’s flagship news and current affairs TV programme – with analysis, debate, exclusives, and robust interviews.

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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.

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, he would later become the UK Chancellor of the Exchequer in under five years.

Brief Biography Here.

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In This Story: Sajid Javid

Sajid Javid is a British politician who has been Secretary of State for Health and Social Care since June 2021. He was Home Secretary from 2018 to 2019 and Chancellor of the Exchequer from 2019 to 2020. A member of the Conservative Party, he has been Member of Parliament for Bromsgrove since 2010.

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