Chancellor Rishi Sunak has told Tory MPs there won’t be a “horror show of tax rises with no end in sight”, but with the UK cost of the pandemic already at approximately £190 billion, how does the Chancellor plan to pay for everything? Subscribe to our channel here: https://goo.gl/31Q53F

Chancellor Rishi Sunak has reassured recently-elected Tory MPs there will not be a "horror show of tax rises with no end in sight", as the government deals with the costs of coronavirus.

He urged the 2019 Conservative intake to show trust to overcome the "short-term challenges" the party faces, after some MPs have expressed fears U-turns are hurting the government's standing.

It was reported at the weekend that substantial corporation tax rises and capital gains tax changes are being considered by the Treasury to deal with the enormous costs of coronavirus.

With the cost of the pandemic at approximately £190 billion and counting, how does the Chancellor plan to pay for everything?

Business Editor Helen Thomas reports and Kirsty Wark is joined by Conservative MP Alberto Costa, Labour’s shadow treasury minister Wes Streeting and Professor Ngaire Woods, Chair of Oxford University's Blavatnik School of Government.

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