Counting the cost of COVID-19

The COVID-19 pandemic and the public health measures implemented to contain it will lead to a huge spike in government borrowing this year. This week we released our annual Green Budget report analysing the impact the coronavirus crisis has had across different sectors of the economy and the big decisions confronting the Chancellor. In this episode, we speak with Green Budget chapter authors Ben Nabarro, Economist at Citi, and Carl Emmerson, Deputy Director at IFS, to get a sense of how big government borrowing could get and what the long-term impacts will be.'

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