Rishi Sunak: UK government has gone from crisis to crisis

The transcript discusses the challenges faced by the Prime Minister, focusing on the economic impact of COVID-19 and the necessity of raising taxes to manage national finances. The speaker, a conservative chancellor, emphasizes the moral and economic responsibility to address these issues, despite the difficulty of the decisions. Looking forward, the priority is to reduce taxes, having already made the tough choices needed to stabilize the economy.

What impact did the coronavirus have on the financial situation according to the speaker?

What is the speaker's priority going forward regarding taxes?