Every household in the country will be £575 worse off because of weak growth in Boris Johnson's economy even before the impact of the coronavirus is factored in, a respected think-tank has warned.
The Resolution Foundation also warned that child poverty was also set to rise in their response to Chancellor Rishi Sunak's first budget The foundation warned that the GDP markdown from the Office for Budget Responsibility (OBR) financial watchdog was both "incredibly grim and yet still unbelievably optimistic".
Chancellor Rishi Sunak used his Budget to inject £30 billion in supporting the economy and softening the blow of the Covid-19 sickness ahead of the Government's expected ramping up of measures on Thursday.
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