Skip to main content
Spin doctor Sunak can't fool the experts
Boffins round on Tories' not-so-generous coronavirus Budget
Tory Chancellor Rishi Sunak

HOUSEHOLDS face being hundreds of pounds a year worse off even before the impact of the coronavirus pandemic is known, experts warned today following an “incredibly grim” economic forecast.

It came before the FTSE 100 lost more than one-tenth of its value as global stock markets faced a rout in the face of Covid-19 fears.

The index suffered its worst daily trading since the crash of October 1987 and its third worst day in history.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Prime Minister Sir Keir Starmer tours Palantir Technologies headquarters with company employees and British military personnel in Washington DC, February 27, 2025
Politics / 4 July 2026
4 July 2026

Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE

Vehicles queue to fill up at a Costco petrol station in Coventry, April 10, 2026
Britain / 13 April 2026
13 April 2026

Campaigners urge government to ignore profiteering oil lobbyists and help those hit hardest by rising energy prices

Chancellor of the Exchequer Rachel Reeves stands next to Prime Minister Sir Keir Starmer as he acknowledges guests during a visit to the Benn Partnership Centre, a community centre in Rugby, Warwickshire, November 27, 2025
Features / 28 November 2025
28 November 2025

The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE

Unite the union general secretary Sharon Graham
Economy / 13 November 2025
13 November 2025