ALEX BRUMMER: Boris Johnson's Government is going for broke to fight coronavirus - News Summed Up

ALEX BRUMMER: Boris Johnson's Government is going for broke to fight coronavirus


Yesterday it was made clear that Boris Johnson's Government is going for broke. For less complex democracies such as Denmark, with a population of less than six million, such a step would be ambitious enough. Just over a week ago, Sunak unveiled £30billion of extra spending in his Budget to keep the public finances in order. Since the Budget, the Bank has slashed interest rates twice, to the lowest ever level of 0.1 per cent. As was the case after the 2008 financial crisis, Britain's financial establishment is attacking the economic and social devastation of Covid-19 head on.


Source: Daily Mail March 21, 2020 00:02 UTC



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