UK failed to plan for economic impact of flu-like pandemic, says watchdog


Cross-party MPs conclude government schemes drawn up ‘on the hoof’ amid Covid-19 crisis

There was an “astonishing” failure by government to plan for the economic impact of a possible flu-like pandemic, parliament’s financial watchdog has said.

MPs on the cross-party public accounts committee concluded that government schemes were drawn up “on the hoof” in mid-March by Rishi Sunak’s Treasury, weeks after the first case of coronavirus was detected in the UK. The delay risked leaving sectors of the UK economy behind, according to a report published on Thursday.

Income subsidies

Continue reading…


Please enter your comment!
Please enter your name here