The Budget, the base rate cut and the stock market crash

Mar 13, 2020, 05:50 PM

Well, what a week. We've had a Budget, a 0.5 per cent base rate cut and stock markets going haywire thanks to coronavirus and oil price crashes.

Why did the Bank of England cut rates to 0.25 per cent on the morning of the Budget and what are policymakers hoping to achieve?

How did Rishi Sunak perform in his first Budget as Chancellor and what was announced in his speech?

On Thursday, the FTSE 100 saw its second biggest dive on record. What is happening to the markets and where does it end?

On this week's podcast, Simon Lambert, Lee Boyce and Georgie Frost, dissect what has been one of the most turbulent weeks in living memory.

In the Budget, we had a number of coronavirus measures – but also some titbits of personal finance news that could hit the pound in your pocket.

We also look at what coronavirus means for travel insurance and your refund rights to events