Sunak now prefers risk of doing too much to risk of doing too little
by Larry Elliott Economics editor from on (#59ZPV)
Chancellor's unspoken message in latest furlough extension is that tough curbs will remain even after 2 December
The past few weeks have been tough for Britain, tough for the government and tough for Rishi Sunak. The chancellor's once glowing reputation has taken a battering in recent weeks as he has been forced to amend his support packages for the economy time and again.
The latest U-turn involves extending the furlough scheme until the end of March, something Sunak said was necessary because the experience of the first lockdown was that the pain lingered even when restrictions were eased.
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