The Economic Consequences of Mr Sunak

Ending the Government's furlough scheme will go down as one of the biggest policy mistakes in modern British history

Britain is heading for an unemployment crisis of Biblical proportions by the end of the year unless the Treasury's policy is torn up very soon.

While Germany, France, and Australia, among others, are extending support measures into next year, the Treasury offers us the £10 Eat Out scheme

Mr Sunak has his own problems with the Treasury, an institution still in thrall to the austerity doctrines that brought us the "expansionary fiscal contraction" 

“They have committed a conceptual error,” said Bernard Connolly, doyen of British Wicksellians.  




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