
The true test of the Budget
British politics has not lost its flair for the dramatic. If it was not enough to have Sajid Javid resign as -chancellor less than a month before the -Budget, Wednesday’s statement was delivered against the backdrop of a global economic crisis. Coronavirus is causing a shock to both demand and supply. We have not had a crisis like this in decades, and there is no obvious immediate solution for national or -global policy-makers. The £30 billion of emergency measures the new Chancellor, Rishi Sunak, announced in the Budget are not the last set of actions we will see in response to coronavirus. The government is still waiting to see how
