Sunak must support the economy now and make us pay for it later
Posted by David Smith at 09:00 AMCategory: David Smith’s other articles
My regular column is available to subscribers on www.thetimes.co.uk This is an excerpt.
It is worth remembering, as we await Wednesday’s budget, that it was not supposed to be like this. A few months ago, Rishi Sunak, basking in the warm glow of his Eat Out to Help Out scheme in August, was looking forward to presenting his second budget in November. By then, the Treasury hoped, Covid-19 would be in retreat, and the spring 2020 national lockdown would be a fading memory, and it would be time to embark on the task of paying for the pandemic.
Things have turned out differently. Two more lockdowns have happened and the current one is not over andRead More »