The Chancellor announces a £750 million package for charities – and also reports that the Prime Minister is sitting up in bed.
The right measures now will not only keep companies afloat in the short term but equip them to support an economic rebound when the crisis is passed.
Matt Hancock also sees a 20-point rise in his approval rating to take third place as the Covid-19 crisis reshapes British politics.
Time is running out for the Government to rescue those in the sector, with companies losing millions of pounds each week.
There will also be a longer-term cost of possible tax changes for the self-employed, but for now these are not the issue.
The tax benefits of being self-employed should reflect genuine value added relative to normal employment.
The Chancellor announces details of a new income support scheme – “one of the most generous in the world,” he says.
Johnson’s task is to hire the right people and back them as long as they are getting things done, no matter who they offend in the process.
Whether moderate right Conservative, or moderate left, austerity is dead, and this new age will be with us for a long time to come.
Left-wing activists have suggested there will be “strikes” and “walkouts” if the Government doesn’t cave in to their demands.
“We will be able to get back to normal life, and the quickest way to do that is to avoid having one, two, three million people losing their jobs in the next few months.”
“Winston Churchill is a bastard” – criticism, scrutiny and vulgar abuse are part of living in a free country.
“Our Plan will protect jobs; offer more generous support to those without them and strengthen the safety net for those who work for themselves.”
“Getting through this will require a collective national effort with a role for everyone to pay: people, businesses, government. It’s on all of us.”
To the astonishment of those who see him as an incorrigible buffoon, the PM looked and sounded unremittingly sombre.
The theoretical aim of policy then should be bridging over what is hopefully a short pause in activity – eliminating near-term distress for households and businesses.
“We will support jobs, we will support incomes, we will support businesses, and we will help you protect your loved ones.”
“We must act like any war time government, and do whatever it takes to support our economy.”
What about the impact on domestic violence, with everyone stuck in their own homes? And on those with serious but non-life threatening health problems?
As Minister of Business and Industry, I will be working every day with those most at risk – whether in hospitality, tourism or travel.
Needed during the coming weeks: a Government information campaign for older people, their families, employers and businesses.
Also: Gove warns the Electoral Commission not to ‘waste time’ on SNP demands; Scottish Nationalists showing the strain as problems mount; and more.
It may be necessary, given the Coronavirus, and could even work. But Britain has a long, long record of state spending failing to turbo-charge growth.
The Government has a new star.
“This is the Budget of a Government that gets things done…A Budget that delivers on our promises.”
For the Conservatives to fulfil their promise of “levelling up” the UK, they must create ample employment opportunities.
“Delay doesn’t lead to any good outcomes, it’s not helpful, and actually having a fixed timetable and delivering on it is the important thing here.”
“I’m not going to be able to go through every measure with you”, he tells Sophy Ridge as she presses him on the controversial proposal.
The overall numbers are down slightly after the allegations against the Home Secretary and the Government’s defeat over Heathrow.
The Treasury often fails to recognise the potential benefits of lower taxes, because they don’t properly factor in how behaviour changes.