Tear up the economic rule book. This pandemic calls for radical intervention | Ed Miliband
Coronavirus is a grave threat to the economy and the lives of millions - a new benefit payment for all affected workers should be just the start
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The coronavirus pandemic has shown us all in just a few days how fragile our way of life really is. Basic certainties about our health, that of our loved ones and our normal way of life can no longer be taken for granted. Our sense of anxiety is real and understandable.
In these new circumstances, the most important and hardest thing for government is to not cling to old certainties about the way things should be done, but to tear up the rulebook. That is what we have started to see in the last few days when it comes to public health measures. There is now a desperate urgency that this scale of action is matched by the government's economic response. We are not there yet - not by a long way.
The government should act as a guarantor for a portion of the wages for all those businesses affected. It would be radical, but necessary
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