Martin Lewis reacts to Budget address and warns of economic downturn in the wake of coronavirus

The video discusses the UK budget announcements, focusing on economic measures in response to the coronavirus crisis. It highlights the absence of traditional budget surprises, instead detailing numerous spending initiatives. The discussion covers interest rate cuts, business rate suspensions, and the introduction of helicopter money. Political shifts within the Conservative Party are noted, with a move towards Keynesian economics. The Red Book reveals further details, including changes to ISA limits and student loan sales.

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