"The Covid inquiry, which, according to the IFS, is likely to end up costing in excess of 200m, got under way in 2022 and its final report is not expected until 2027. It covers decision-making by the UK government, and the administrations in Scotland, Wales and Northern Ireland, across a range of topics, including procurement, the care sector, children and young people, vaccines and the impact the pandemic had on the healthcare system."
"The pandemic caused a severe recession, with a huge drop in GDP during the first national lockdown in 2020. As part of the Coronavirus Job Retention Scheme, known as furlough, the government subsidised the wages of employees hit by the pandemic as sectors such as hospitality, nightclubs and the travel industry closed down to prevent the virus from spreading. This massive level of state intervention covered about 11.7 million jobs between March 2020 and September 2021, at a cost of roughly 70bn."
The Covid inquiry began in 2022 and is likely to cost over £200m, with a final report expected in 2027. The inquiry covers decision-making by the UK, Scottish, Welsh and Northern Ireland administrations across procurement, the care sector, children and young people, vaccines and the pandemic’s impact on the healthcare system. Rishi Sunak will give evidence for the government’s economic response (module 9). Between March 2020 and May 2023 just under 227,000 people in the UK died with Covid-19 on their death certificates. The pandemic caused a severe recession and a sharp GDP fall. The Coronavirus Job Retention Scheme (furlough) subsidised wages, covering about 11.7 million jobs between March 2020 and September 2021 at a cost of roughly £70bn, and total government support spending is estimated at £373bn.
Read at www.theguardian.com
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