Floating Britannia Through COVID-19: What Could the Treasury’s March 2020 Announcements Help Achieve for British Business?

In the week commencing 16 March 2020, in anticipation of increased social distancing and isolation measures which have since been shortly to be announced by the Prime Minister of the United Kingdom in the face of sharp increases in COVID-19 positive cases and related deaths, the Treasury and Bank of England jointly announced a raft of measures aimed at alleviating the short to medium term pain to be felt by British business and workers and looking to limit any long term negative macro-economic impact.