After delays and the appointment of Rishi Sunak as Chancellor just weeks ago following the resignation of Sajid Javid, the Budget was finally delivered last week. It’s the first to be given since the UK left the EU on 31st January 2020, with the country now in a transition period, and comes amid the coronavirus
Last month, the Bank of England voted to keep interest rates on hold. Despite recent economic data pointing to a possible cut in the cost of borrowing, the Governor of the Bank of England, Mark Carney, said: “the most recent signs are that global growth has stabilised”. The nine members of the Bank’s Monetary Policy