Martin Lewis's immediate reaction to the Chancellor's Budget | LBC

This is money expert Martin Lewis's immediate response to the Chancellor's Budget spending spree.

Rishi Sunak outlined the financial support he is making available for people and businesses affected by the coronavirus outbreak. He pledged security and support for those who are sick and unable to work due to the spread of Covid-19 - admitting there will be 'temporary disruption' to the economy.

Statutory sick pay will be extended to "all those who are advised to self-isolate" even if they have not displayed symptoms.

And a £5 billion pound emergency response fund has been set up to help the NHS and other public services fight the spread of the virus

Speaking to Shelagh Fogarty, he said: "We normally expect a rabbit from the hat at the end of a Budget. We didn't get a rabbit from the hat today, instead we got a constant flow of gerbils appearing again and again and again as he kept pulling out more and more announcements. I haven't seen that many tangible action announcements from a budget for a long time.

"The big change that was expected - huge infrastructure investment. An increase in government borrowing. An increase in money coming out."

#ShelaghFogarty #MartinLewis #LBC

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