It may not sound like much but, without significant redistribution, the job losses and pay cuts will leave countless families in dire financial straits. This is the backdrop against which the chancellor’s spending review must be assessed. Sunak’s second failing is in not taking the right long-term decisions needed to protect the economy. There was also far too little in the spending review on housing. The government’s decision to inflict this scale of damage on the economy during a pandemic is nothing short of madness.

Source: The Guardian November 28, 2020 23:48 UTC