The economy is in a nosedive. New and radical steps must be considered if it is ever to recover, says writer and researcher Tom Kibasi
The announcement by Rishi Sunak of £330bn in government-backed loans for businesses and a three-month mortgage holiday “for those in need” is nowhere near sufficient to confront the current crisis. The chancellor himself said this was merely the first step, but with many people facing an immediate collapse in their incomes, help cannot come soon enough.
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