Unlike the financial crisis of a decade ago, coronavirus is not at root a manmade disaster, but it struck a society weakened and undermined by a decade of economic stagnation and nearly £40bn slashed from social security with the acquiescence of the pre-Corbyn Labour party .
Now the rules have been torn up. A £330bn package of support is available for businesses, while welfare systems were rapidly made temporarily more generous to the tune of £7bn. The state is now capable of stepping in to cover the salaries and sick pay of millions, to the fury of the Institute of […]
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