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For any copyright, please send me a message. In the golden afterglow of that thumping election win, Boris Johnson and his team sketched out an ambition to match the majority. Theirs was to be a transformative agenda to level up Britain and set the colour of the changed political map. The former chancellor Sajid Javid hailed it as his "decade of renewal" budget. But this week, another former chancellor offered a new slogan. George Osborne said: "I would make this the budget for coronavirus. "I would do everything I could to vaccinate the economy against what's going to happen, if we can't vaccinate people against what's going to happen." As the spread of COVID-19 has moved at speed, so too has the Treasury to reshape this budget to try to address the immediate economic impacts this emerging global pandemic will have on the economy. "We are facing a significant short-term shock," says one senior government figure. "And the response has to be to addressing that and some of the economic impact primarily on the supply side. "But we also must keep our eyes on the long-term when the impact on OECD [Organisation for Economic Co-operation and Development] economies begins to unwind." Immediate help will be in three areas: for businesses, for the most economically vulnerable and for public services. With events moving at a dizzying pace the government has at least done some of the groundwork on how to deal with severe disruption for a very different event - a no-deal Brexit. Andrea Leadsom, the former business secretary and a leading Brexiteer, told me last week that departments across Whitehall had worked up no-deal action plans to help different sectors cope with economic disruption. These, she said, "could be dusted off" and adapted for the current crisis. For business, the government have drawn up a package of measures to offer immediate relief. Senior Conservative sources tell me one obvious option is to give businesses payment breaks on VAT and all taxes to help them with short-term cashflow. They could also scale up employment allowance thresholds beyond smaller businesses to give more firms a relief on paying national insurance contributions for their employees. The government could even suspend business rates or national insurance payments immediately to help ease the burden on business. After all, the last thing ministers will want in the coming weeks is a big spike in those applying for Universal Credit because their employers have gone bust and they've been laid off. Expect more support too for those working in the gig economy, the self-employed and those on low pay to access financial support should they be forced to self isolate. The government has already said eligible employees can claim s
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