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UK: Chancellor of Exchequer shows budget red box ahead of presentation01:20

UK: Chancellor of Exchequer shows budget red box ahead of presentation

United Kingdom, London
March 11, 2020 at 15:06 GMT -00:00 · Published

UK Chancellor of the Exchequer Rishi Sunak showed the budget red box to the media outside the Prime Minister's office at Downing Street in London on Wednesday. The traditional ceremony took place as Sunak was heading to unveil Britain's first budget after Brexit.

According to reports, it will include a £30 billion ($38 billion, €33 billion) package to help the economy overcome the coronavirus outbreak.

The Chancellor also pledged to "lay the foundations for a decade of growth" while spending "historic amounts" on infrastructure and innovation.

UK: Chancellor of Exchequer shows budget red box ahead of presentation01:20
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UK Chancellor of the Exchequer Rishi Sunak showed the budget red box to the media outside the Prime Minister's office at Downing Street in London on Wednesday. The traditional ceremony took place as Sunak was heading to unveil Britain's first budget after Brexit.

According to reports, it will include a £30 billion ($38 billion, €33 billion) package to help the economy overcome the coronavirus outbreak.

The Chancellor also pledged to "lay the foundations for a decade of growth" while spending "historic amounts" on infrastructure and innovation.

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