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World

Will Covid cost less than expected?

20 March 2021

2:19 AM

20 March 2021

2:19 AM

It’s no surprise that the bill for Covid-19 keeps racking up. The Office for Budget Responsibility’s latest forecast predicts borrowing will reach £355 billion for the financial year: decisions to extend furlough, boosting public sector spending and supporting businesses that have been closed for months at a time all come with a price tag attached.

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