Measures including income tax hikes, a two-year public sector pay freeze and the end of the triple lock on pensions may be required to fund the debt. It suggests a two-year public sector pay freeze could save £6.5billion by 2023-24 while "stopping the rising cost" of the pension triple lock would cut £8billion a year. A 1p rise in income tax could raise £5billion a year. He tweeted: "If there is any consideration in financially punishing our public sector workers then I urge a rethink. "To even consider freezing the pay of our essential public sector workers to help the financial recovery would be morally bankrupt and would be a deep and damaging betrayal."

Source: Daily Mirror May 13, 2020 00:38 UTC