UK Budget 2020 Chancellor unveils £30bn coronavirus package

Chancellor Rishi Sunak has unveiled a £30bn package to help the economy get through the coronavirus outbreak.

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

He warned of a significant but temporary disruption to the UK economy but vowed: “We will get through this together.”

The Bank of England announced an emergency cut in interest rates just ahead of the Budget on Wednesday.

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