How Broke is Britain?
Thanks to the pandemic Britain’s borrowing is forecast to hit nearly £400bn this year. The economy is expected to contract by more than eleven per cent. How can we afford this?
Thanks to the pandemic, Britain’s borrowing is forecast to hit nearly £400bn this year, and the economy is expected to contract by more than 11 per cent.
How can we afford this, and what can the government do to bring public spending under control?
David Aaronovitch is joined by:
Jagjit Chadha - Director of the National Institute of Economic and Social Research (NIESR)
Nicholas Crafts - Professor of Economics and Economic History at the University of Warwick
Adam Posen - President of the Peterson Institute for International Economics (PIIE)
Gemma Tetlow - Chief Economist at the Institute for Government
Abigail Adams-Prassl - Associate Professor of Economics at the University of Oxford