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The UK government had developed a pandemic response plan in previous years. In response to the first confirmed COVID-19 cases in January 2020, the UK introduced advice for travellers coming from affected countries in late January and February 2020, and began contact tracing, although this was later abandoned. [1]
The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England.
17 July – Leaked text messages exchanged between Welsh Government ministers during the COVID-19 pandemic are handed to the UK COVID-19 Inquiry. [74] 18 July – The first report in to the COVID-19 pandemic identifies significant flaws in the UK's pandemic planning strategy which led to a higher number of deaths and a greater economic cost ...
Britain faces a hole in its budget, with fears cheap borrowing and eventual recovery may not fully close the gap in years to come. Coronavirus: What it means for UK government borrowing and taxes ...
The yield on a 10-year bond has surged to its highest level since 2008, while the yield on a 30-year bond is at its highest since 1998, meaning it costs the government more to borrow over the long ...
Justin Tomlinson, a former minister for disabled people, tells the UK COVID-19 Inquiry the government recognised this group was at greater risk from the virus and that work had bee done "at pace" to address this. His comments come after the inquiry had previously heard how disabled people felt their views were not properly heard over decisions ...
The British government debt is rising due to a gap between revenue and expenditure. Total government revenue in the fiscal year 2015/16 was projected to be £673 billion, whereas total expenditure was estimated at £742 billion. Therefore, the total deficit was £69 billion. This represented a rate of borrowing of a little over £1.3 billion ...
The ONS revealed that government borrowing in February jumped to £16.7bn, due to around another £9.3bn of energy support costs.