Tag: tackling

Coronavirus: Government faces WW2-sized bill for tackling virus

Image copyright Getty Images The cost of the government’s efforts to combat the coronavirus pandemic has risen to £123.2bn, according to latest estimates from the government’s independent economics forecaster. The Office for Budget Responsibility’s previous estimate was £103.7bn. The increased cost of the government’s furlough scheme is the main cause. It now expects annual borrowing to equal 15.2% of the… Read more →

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