This was not a Budget, but was still a big deal with £30bn of measures to support the economy. This is particularly significant when seen in combination with £160bn of pandemic-related support already announced, leaving borrowing this year on course to reach £350bn.
Debt interest costs will continue to fall, although the crisis will leave the Treasury with a persistent deficit to address (post-crisis).
The scale of government action reflects the scale of the economic crisis the pandemic has caused. Although the immediate backdrop is of slightly improved, short-term economic forecasts (or would have been, if the Chancellor had let the OBR produce its normal Budget forecasts), big economic challenges will remain until a vaccine arrives.