Sunak commits £30bn fiscal stimulus in face of coronavirus

First budget of this parliament

Mike Sheen
clock • 3 min read

Chancellor Rishi Sunak has committed a £30bn fiscal stimulus to tackle the economic impact of coronavirus, promising "to keep this country and our people financially secure".

In the first Budget of this parliament published today (11 March) Sunak described the ongoing health crisis as "the key challenge facing this country today", warning that the combination of a possi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Concern among employers that financial pressure could undermine pension saving

Concern among employers that financial pressure could undermine pension saving

Most employers surveyed by People’s Pension fear employees will opt out of workplace pensions

Holly Roach
clock 13 March 2026 • 1 min read
Pensions minister unveils People's Partnership redesigned headquarters

Pensions minister unveils People's Partnership redesigned headquarters

Provider unveils newly refurbished offices with visit from pensions minister Torsten Bell

Martin Richmond
clock 13 March 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

M&G results, PPF appoints acting CEO and Lords salary sacrifice amendments

Professional Pensions
clock 13 March 2026 • 1 min read
Trustpilot