Britain is sleepwalking into an unemployment crisis, and the private sector alone is unable to save us
14 December 2020 • 5:16pm
The Covid-19 pandemic has resulted in the largest economic shock in over 300 years. With those out of work forecast to reach 2.6 million, we need to tackle rising poverty and unemployment over the next 12 to 18 months.
The Chancellor appears to think that the economic crisis will be short-lived and that everything will be fine by the spring. This is wrong: the Government is sleep walking into an unemployment crisis. It needs a strategy for what comes next.
The Lords Economic Affairs Committee report,