News:News Commentary
The long shadow of Covid-19 on the economy and the public finances
2020-06-24
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We found out that the UK came close to insolvency in March as a result of the turmoil caused by the coronavirus pandemic. Thankfully, the country managed to avoid that. Nevertheless, the COVID-19 pandemic has resulted in unprecedented damage to the UK economy. In this episode, we speak with Benjamin Nabarro, a senior economist at Citi Group and IFS Deputy Director, Carl Emmerson. We ask what the forecast is for the economy, how Brexit will impact that forecast, how the government can help the economy recover and what the long term effects of this crisis might be.
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