George Osborne warns tight bank lending could crash the economy if Coronavirus causes firms to fail
Chancellor Rishi Sunak must move to ‘vaccinate the economy’ against the shock of a coronavirus shutdown in the Budget, his predecessor George Osborne warned today. The former politician, who oversaw austerity in the years following the 2008 financial crisis, raised the spectre of banks refusing to lend money if businesses start going to the wall. … Read more