Amid the blizzard of numbers and announcements by ministers, it’s easy to lose sight of the detail about what financial resources are going where in this crisis. Ben Chu attempts to follow the money
The state’s fiscal response to Covid-19 has been a story of big headline numbers.
We’ve heard about £330bn in government-backed loans, £20bn in tax cuts and grants, and £225bn in new debt issuance by the government over just three months.
But where is that money going?
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