The figures are almost too enormous to comprehend. An extra two million people unemployed, temporarily taking the total to 3.4m – higher even than its peak under Margaret Thatcher. The UK economy shrinking by more than a third.
That’s the stark warning in a report by the Office for Budget Responsibility – based on the country going through three months of lockdown, followed by another three months of pretty tight restrictions.
The Chancellor insisted today that getting back to normal “is possible”.