Massive tax shortfall shows Covid’s devastating economic impact
‘Our health emergency is not yet over,’ the Chancellor of the Exchequer said yesterday. ‘And our economic emergency has only just begun.’ Facing the steepest downturn since the Great Frost of 1709 – a slump in output of 11.3 per cent – Rishi Sunak said he was ready to spend, spend, spend to drag the … Read more