Will another bail out be called for? Massive borrowing ongoing.Archived Message
Posted by Mary on April 23, 2020, 11:52 am
Coronavirus: Crash in business activity 'vastly' worse than 2008 financial crisis Dire numbers covering the dominant services sector and manufacturing point to an unprecedented slump in activity.
'Ed Conway @EdConwaySky The sums govt plans to borrow are staggering. We're talking abt £150bn or so EXTRA in coming months. To put that into perspective, that's about one and a half HS2s. Except with HS2 the spending wld be spread over a decade. We are spending that on #COVID19 impact over a few months.' https://twitter.com/EdConwaySky/status/1253254576683220992