Sunak launches third UK budget in nine days – and the most crucial
by Larry Elliott from on (#510Y2)
Latest emergency coronavirus package poses three big questions: is it well targeted, is it enough and is it in time?
Having waited more than a year for a budget, Britain has now had three in the space of nine days. The third in the series was the biggest, and the most crucial, of the lot.
Things have moved on apace since Rishi Sunak delivered his first package to parliament on 11 March. That one set aside 12bn for dealing with the coronavirus, but was never going to be enough given the scale of the health emergency, the widespread dislocation to business and the flaws in Britain's economic model.
Continue reading...