Coronavirus (COVID-19) UK government policy cost estimates for 2020/21

Published by D. Clark, Aug 6, 2024
The government of the United Kingdom will spend almost 100 billion British pounds on policy responses to the Coronavirus pandemic in 2020/21, with it's job retention scheme being the most costly policy, at 42 billion pounds. While almost all the measures are aimed at securing the economy, the NHS is expected to receive an extra 10 billion pounds in funding during the pandemic.

Coronavirus (COVID-19) United Kingdom government policy cost estimates for 2020/21 (in billion British pounds)

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Release date

April 2020

Region

United Kingdom

Survey time period

2020

Supplementary notes

Forecast is based on the economic effects of a three-month lockdown, followed by a further, partial lockdown of three months.

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Overview

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Labor market

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Leisure & hospitality

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Tourism

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Retail & FMCG

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