But the Chancellor warned it would take "a long time" to rebuild as he outlined another £65 billion worth of measures over this year and next to help the UK’s Covid-hit economy - taking the total Government support to £407 billion over that period.
The measures announced included extending the stamp duty holiday until the end of June. He also said the temporary £20-a-week increase in Universal Credit payments will continue for a further six months, while freezing income tax thresholds and announcing a rise in corporation tax.
"It's going to take this country - and the whole world - a long time to recover from this extraordinary economic situation. But we will recover,” he told MPs. However, Labour leader Sir Keir Starmer said the Budget was a "quick fix, papering over the cracks".