In yesterday’s press conference Rishi Sunak, said that “the economy would be able to recover quickly and strongly” when the COVID_19 pandemic is over.
He said: “This is going to be hard, our economy’s going to take a significant hit and as I’ve said before that’s not an abstract thing, people are going to feel that in their jobs and in their household incomes”
He added: “Yes it will be difficult in the short term. I’m happy to be honest about that with people. I think the measures we’ve put in place will help and then as we get through this it will mean that we can recover quickly and strongly and get our lives and economy back to normal.”
Mr Rishi Sunak also said: “Once we get through this obviously we will have to take stock of public finances and the economy and make the right decisions at that point and I’ve talked before about doing whatever we need to to right the ship at that point.”
“But what I would say is we remain very committed to the agenda that we set out before which was about leveling up and spreading opportunity around this country, and indeed I believe this can still be a critical part of how we get back to normal here.”
He added: “The third point I want to make is this: right now, the single most important thing we can do for the health of our economy is to protect the health of our people.”
Finally, Mr Sunak said that the COVID_19 job retention scheme will open on the 20th of April.
Article submitted by Chante, Structured, Edited And Corrected By Charles Watson