• UK's finance minister Sunak: Our response to virus will be temporary, timely and targeted

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11 março 2020

UK's finance minister Sunak: Our response to virus will be temporary, timely and targeted

  • Coronavirus is the key challenge facing UK today, but not only challenge
  • UK economy is robust, public finances sound
  • Virus will have a significant, temporary effect on UK economy
  • There will be a need to provide security and support for those who cannot work, and a bridge for businesses
  • Response will be closely coordinated with the BoE
  • Expects fall in consumer spending and a period of shrinking productive capacity
  • Says up to a fifth of UK working population may be off sick at any one time
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