Budget Spring 2021: Cost of pandemic will be paid back by ‘many governments over many decades’
The colossal economic damage inflicted during the pandemic will have to be paid back by ‘many governments, over many decades’, Rishi Sunak has admitted. In an hour-long statement to the Commons, the Chancellor yesterday revealed that the Government has borrowed a record £355billion this year – which at 17 per cent of UK national income … Read more