Short and long-term consequences
Triple lock suspended
Debt to GDP ratio doubled since 1970s
Breaks manifesto pledge
Reports govt will break manifesto pledge to fund reform plans
The UK economy grew at its fastest monthly rate since July last year, having jumped 2.3% in April as lockdown restrictions continued to ease.
New stimulus plan to jumpstart green recovery
Government ‘re-launch’ expected this week
Policy response depends on 'severity' of new restrictions