The Cost Of Covid-19 - The Impact Of Coronavirus On The UKs Public Finances

The Caithness Business Index has posted the following article:

The Cost Of Covid-19 - The Impact Of Coronavirus On The UKs Public Finances

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As the chancellor prepares to set out his Winter Economy Plan to parliament, this report estimates that Covid-19 is already likely to cost the UK government £317bn - in increased public borrowing - in 2020/21 alone. Any new measures announced by the chancellor will help businesses and households but increase this cost to the public purse. [Read Full Article]