How Sunak spent more than £280bn in a year of economic turmoil caused by Covid-19
Public services
Loans and guarantees
Employment support
Welfare spending
Business support
Other tax support
M
£12.5bn
Sunak’s first budget
11 March 2020
Chancellor announces £12.5bn of spending in response to the coronavirus pandemic
A
M
J
£176.5bn
Summer economic update 8 July
£10bn plan for jobs including stamp duty holiday and eat out to help out. Extra £40bn of public services spending disclosed
J
A
S
£213.9bn
Winter economy plan 24 September
See footnote*
O
N
£280.1bn
Spending review
25 Nov
£45bn added to bill almost all from public services spending increases
D
J
£127.1bn
£73.6bn
£39bn
£31bn
F
M
*Winter economy plan 24 September
Extension in business tax breaks and new job support scheme to replace furlough announced
Public services
Employment
support
Business
support
Loans and
guarantees
Welfare
spending
Other tax
support
£12.5bn
£280.1bn
£176.5bn
£213.9bn
Sunak’s first budget
11 March 2020
Chancellor announces £12.5bn of spending in response to the coronavirus pandemic including £5.5bn for public services, £5bn for business support and £2bn on welfare spending
Spending review
25 November
£45bn added to bill almost all from public services spending increases
Summer economic update 8 July
£10bn plan for jobs including stamp duty holiday and eat out to help out. Extra £40bn of public services spending disclosed
Winter economy plan
24 September
Extension in business tax breaks and new job support scheme to replace furlough announced
£31bn
£39bn
Nine major spending announcements were made between 17 March and 8 July
£73.6bn
£127.1bn
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2021
Feb
Mar
2020