The Caithness Business Index has posted the following article:

The Office of Budget Responsibility Coronavirus Analysis

Coronavirus lockdown to deliver large (but hopefully temporary) shock to the economy and public finances In addition to its impact on public health, the coronavirus outbreak will substantially raise public sector net borrowing and debt, primarily reflecting economic disruption. The Government's policy response will also have substantial direct budgetary costs, but the measures should help limit the long-term damage to the economy and public finances - the costs of inaction would certainly have been higher. [Read Full Article]