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Podcast: Beyond Currency
Episode: 9 July 2020 - Cost of Covid soars
Description: "Sunak’s plans contain some innovative ideas, not least of all the half price meal deal, but they also contain an element of kicking the can down the road which is understandable as he doesn’t have an unlimited money tree. A reduction in VAT has been warmly received but as is usual where a degree of relief is offered, more would have been more welcome.
The overall financial cost of the Covid-19 Pandemic to the UK will be in excess of £300 billion and it will take some further, less palatable decisions for Sunak to be able to balance the books...