The traffic light exit strategy to free the UK from lockdown | Larry Elliott
by Larry Elliott from on (#51QWB)
A new economics paper suggests a red-amber-green solution to safely ease us out of coronavirus restrictions
Britain has been in lockdown for two weeks and it has been the grimmest of fortnights. The number of daily deaths from Covid-19 has continued to rise steadily and large chunks of the economy have been brought to a standstill.
As yet, there are few hard numbers to judge the economic impact, but the collapse seen in the past few weeks is without precedent both in its speed and its severity. The increase in the numbers applying for universal credit suggest that unemployment is rising rapidly despite the government schemes to support both the employed and the self-employed.
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