May I have your attention please you can now book your train tickets on Uber and get

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Trains now on Uber. Tees and sees apply. Check the Uber app.

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Search inclusive growth conference to book your free ticket now. Hi, I'm Anush, and this week Stephen and I are joined by a special guest Howard Davis, chairman of the Royal Bank of Scotland and former director of the London School of Economics the New Statesman's post-budget podcast. I'm happy to say we're joined again by how Davis from

R B.S. to talk over what was in it. It was a very full and interesting budget.

How do you feel the kind of, well both the headline announcements but also would you feel the kind of stuff

that was not headline but was important yes I think that the expectations that we

had for a large increase in public investment for the next few years were met.

Obviously, whether you get enough bang for your buck on that investment, we'll only see.

So I think that bit was well trailed and probably makes overall sense given the

low cost of borrowing at the moment. I think there was also, I would frankly say a good

package of measures on the coronavirus, we'll no doubt come

on to that a bit later, but I think they did target very well the cash flow implications

for small businesses and from a bank's perspective we start to see that already and

that is absolutely crucial to prevent a short-term interruption to economic

output having long-term consequences via firm bankruptcies and etc.

...