Coronavirus Latest News

Sunak must spend extra £10bn a year on public services because of Covid – OBR

Chancellor faces unfunded spending commitments on health, education and transport, says watchdog

Rishi Sunak will need to spend an additional £10bn each year on public services to deal with the continuing fallout from the Covid-19 pandemic after this year, the Treasury’s tax and spending watchdog has said.

The Office for Budget Responsibility (OBR) said the chancellor faced unfunded spending commitments across three vital government departments over the coming three years from the lasting effects of the pandemic.

Continue reading…

Read the original article at The Guardian

Related Articles

Back to top button