Adam Smith Institute

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We need a plan for when lockdown ends or there won't be an economy to reopen

Our latest paper, written by Dr Eamonn Butler and Matthew Lesh looks at the economic urgency growing for a plan to reopen the economy at the end of the lockdown once medics say it is safe to do so. Without one, too many firms are stuck in limbo and are running out of cash. Each one that folds creates issues for others in their supply chains, for their shareholders and their customers. With half of British firms thinking they’ll run periliously close to running out of cash in the next three months we need the UK government to explain how it’ll reopen the economy and allow the private sector to start raising revenue again. If they don’t, there’s a possibility that there won’t even be an economy to reopen at the end of this.