Prepare for 1980s-level unemployment, former chancellors warn

Hammond, Osborne and Darling say urgent measures needed to cushion post Covid-19 job losses

Three former chancellors have warned the government to prepare for 1980s levels of unemployment as the coronavirus crisis sinks Britain into the deepest recession in living memory.

Lord Alistair Darling, George Osborne, and Philip Hammond said the government urgently needed to announce measures to cushion the blow as job losses began to mount.

Continue reading…
Hammond, Osborne and Darling say urgent measures needed to cushion post Covid-19 job lossesCoronavirus – latest updatesSee all our coronavirus coverageThree former chancellors have warned the government to prepare for 1980s levels of unemployment as the coronavirus crisis sinks Britain into the deepest recession in living memory.Lord Alistair Darling, George Osborne, and Philip Hammond said the government urgently needed to announce measures to cushion the blow as job losses began to mount. Continue reading…

Economic recovery, Economics, Unemployment, Rishi Sunak, Politics, Alistair Darling, House of Commons, Economic policy, George Osborne, Philip Hammond, UK news, Business, Coronavirus outbreak

Be the first to comment on "Prepare for 1980s-level unemployment, former chancellors warn"

Leave a comment

Your email address will not be published.


*