Chancellor Rishi Sunak has responded to warnings Britain's economy will shrink by a third and unemployment will soar amid the coronavirus pandemic.

A report released today by the Office for Budget Responsibility (OBR) warns the nation's economy could see a 35% in GDP this spring while unemployment could rise by more than 2 million.

At this afternoon's daily coronavirus briefing at Downing Street, chancellor Rishi Sunak admitted times are "tough" for the economy, but remained positive that it will "bounce back".

"The OBR's figures suggest the scale of what we are facing will have serious implications for our economy," he said. "These are tough times, and there will be more to come.

"As I've said before, we can't protect every business and every household, but we came into this crisis with a fundamentally sound economy powered by the hard work and ingenuity of the British people and British businesses.

"So while those impacts are significant, the OBR also expects them to be temporary, where they bounce back.

"We are not just going to stand by and let this happen. Our response aims to directly support people and businesses while the restrictions are in place.

"The OBR today have been clear that the policies we have set out will do that - that if we had not taken the actions we have the situation would be much worse

"In other words, our plan is the right plan.

"Right now, the single most important thing we can do for the health of our economy is to protect the health of our people.

"It's not a case of choosing between the economy and public health. At a time when we are seeing hundreds of people dying every day from this terrible disease, the absolute priority must be to focus all of our resources - not just of the state, but of businesses and all of you home as well - in a collective national effort to beat this virus.

"I said in my budget a month ago that whatever the NHS needs, it will get. And we have honoured that promise.

"Yesterday, we published an update showing that we have given our public services an extra £14.5 billion in recent weeks. We are taking action to increase NHS capacity. And the secretary of state for health and social care will be updating our plans for social care tomorrow."

Today, the Department of Health and Social Care has confirmed a further 778 people have died in hospitals in the UK since, this takes the total to 12,107.

A total of 302,599 people have been tested for the virus and 93,873 have came back positive.

The youngest person to have died in England during the last 24 hours was aged 17. The oldest was 101.

At least 218 people in Kent have died after catching coronavirus.

New daily figures released by NHS England have seen the number of deaths in the county caused by the disease rise by 22 - the death toll stood at 196 yesterday.

At Maidstone and Tunbridge Wells Trust, 50 people have died.

There have been 92 deaths reported by East Kent Hospital University NHS Foundation Trust since March 22. Dartford and Gravesham NHS Trust reported 47 deaths.

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