2020 United Kingdom budget

() 2020 United Kingdom budget
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	Budget 2020
	‹ 2018 March 2021 ›

The 2020 United Kingdom budget, officially known as Budget 2020: Delivering on Our Promises to the British People, was a budget 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 was scheduled to be followed by another budget in the autumn, but in September 2020 the Treasury announced that budget would be scrapped because of the ongoing COVID-19 pandemic, stating "now is not the right time to outline long-term plans – people want to see us focused on the here and now".^[3]^[4] Due to the pandemic, additional statements were given by the chancellor in both summer and autumn.

References[]

^ Harding, LaToya; Ashworth, Louis (11 March 2020). "Dow Jones enters bear market as coronavirus pandemic declared". Retrieved 23 September 2020 – via www.telegraph.co.uk.
^ correspondent, Richard Partington Economics (7 January 2020). "Budget 2020: what will Sajid Javid announce?". Retrieved 23 September 2020 – via www.theguardian.com.
^ "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.
^ "Covid crisis forces Autumn Budget to be scrapped". 23 September 2020. Retrieved 23 September 2020 – via www.bbc.co.uk.

This article related to the politics of the United Kingdom, or its predecessor or constituent states, is a stub. You can help Wikipedia by .

This article about the COVID-19 pandemic is a stub. You can help Wikipedia by .

[1] Harding, LaToya; Ashworth, Louis (11 March 2020). "Dow Jones enters bear market as coronavirus pandemic declared". Retrieved 23 September 2020 – via www.telegraph.co.uk.

[2] rrespondent, Richard Partington Economics (7 January 2020). "Budget 2020: what will Sajid Javid announce?". Retrieved 23 September 2020 – via www.theguardian.com.

[3] "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.

[4] "Covid crisis forces Autumn Budget to be scrapped". 23 September 2020. Retrieved 23 September 2020 – via www.bbc.co.uk.

[1]

[2]

[3]

[4]

v t United Kingdom budget
By year	1909 1981 1999 2000 2002 2003 2004 2005 2006 2007 2008 2009 March 2010 June 2010 2011 2012 2013 2014 March 2015 July 2015 2016 March 2017 November 2017 2018 2020 Summer statement Winter Economy Plan March 2021 October 2021
Other	Budget Day Budget Broadcast Government spending in the United Kingdom Money bill Office for Budget Responsibility Parliament Act 1911 Spending Review Spring Statement
Category