UK budget 2020: experts react

Phil Tomlinson, Cam Donaldson, Craig Berry, Gabriella Conti, Gavin Midgley, John Weeks, Karl Schmedders, Madeleine Gabriel, Ross Brown, W David McCausland

Research output: Contribution to specialist publicationArticle

Abstract

Rishi Sunak has delivered his first budget as UK chancellor and the Conservative Party’s first budget since winning the 2019 general election. Here our panellists give their take on his announcements.

The macroeconomy
W David McCausland, Professor of Economics, University of Aberdeen

Rishi Sunak’s first budget, just months into the job, is in large part born out of necessity. The novel coronavirus has prompted a £30 billion package to fund increased health spending and mitigate the effects of illness, particularly for small firms. The abolition of business rates for small firms in the retail, leisure and hospitality sectors in England is particularly welcome.
Original languageEnglish
Specialist publicationThe Conversation
PublisherThe Conversation UK
Publication statusPublished - 11 Mar 2020

Keywords

  • UK economy
  • Chancellor of the Exchequer
  • Budget 2020
  • Rishi Sunak

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