March 2020 United Kingdom budget
The March 2020 United Kingdom budget, officially known as Budget 2020: Delivering on Our Promises to the British People, was delivered by Rishi Sunak, Chancellor of the Exchequer, to the House of Commons on Wednesday 11 March 2020. It was Sunak's first budget, the first since the withdrawal of the United Kingdom from the European Union, the first since Boris Johnson becoming Prime Minister and the first to be held in the spring since March 2017.[1][2] It will be followed by another budget in the autumn.[3]
Presented | Wednesday 11 March 2020 |
---|---|
Parliament | 58th |
Party | Conservative Party |
Chancellor | Rishi Sunak |
Total revenue | £873 billion |
Total expenditures | £928 billion |
Deficit | £55 billion |
Website | |
‹ 2018 |
References
- "Budget 2020: When is it and what can we expect?".
- "Budget 2020: what will Sajid Javid announce?".
- "Budget 2020: Chancellor pumps billions into economy to combat coronavirus". BBC News. 11 March 2020. Retrieved 11 March 2020.
The chancellor will deliver another Budget in the Autumn, with measures aimed at preparing the UK economy for post-Brexit trading arrangements with the EU.
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