The Chancellor Rishi Sunak has announced a public sector pay freeze, excepting NHS workers, and a cut to foreign aid spending to cushion the blow of the coronavirus pandemic.
The OBR - the Office for Budget Responsibility - has forecast a 11.3% contraction in the UK economy this year - the largest fall in output for more than 300 years.
And UK is borrowing forecast to reach £394bn this year - that's equivalent to 19% of GDP.
Listen to Mr Sunak explain the condition the economy is in.
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