January’s poor borrowing figures are likely to set the tone for the next few months as the third COVID-19 lockdown keeps many businesses closed. But the Chancellor should resist the urge to try to reduce the budget deficit in the Budget on 3rd March and instead focus on continuing to support those areas of the economy that need it.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.