Politicians say there's no such thing as a Magic Money Tree. So how will Britain pay its £400bn Covid bill?
With lockdown Britain enduring the worst economic nosedive in centuries, Liam Halligan investigates the pandemic's soaring financial cost and asks: who will pay for Covid?
Halligan analyses the options facing Chancellor Rishi Sunak and concludes that rather than tax cuts and austerity, Sunak's best option is to borrow even more and spend to revitalise the economy. It's a high stakes gamble, fraught with danger.
The film, directed by Mark Alden, included specially commissioned research revealing the number of UK households in destitution more than doubled during 2020. The film also revealed government unemployment figures under-reported the true level of unemployment. The result was front page headlines and widespread media comment.
February 22, 2021
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