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The Covid Hangover

Government debt is the highest it has ever been, especially due to Covid. How will we pay down the debt and what does it mean for government tax and spending plans? With Evan Davis

What are the long-term implications for the Covid crisis for the British economy. The government has borrowed more money over the last 12 months than ever before in peacetime. The ratio of public debt to national income is above 90%. If it rises even further do we need to worry? How will the chancellor manage the economic pain caused by coronavirus? What will it mean for tax and spending - and is there a route back to growth? Evan Davis and guests discuss.

GUESTS
John Kay, economist, author, consultant
Dame Minouche Shafik, director of London School of Economics and Political Science, former deputy governor of the Bank of England
Gemma Tetlow, chief economist, Institute for Government

Producer: Julie Ball
Editor: Hugh Levinson

Release date:

Available now

28 minutes

Podcast