Payback time: When and how to balance the books?

2020-07-31T08:28:25+00:00 July 28th, 2020|Event, Onward|

Bounce Back Bigger is a major series of events which aims to inform the policy debate on the economic recovery and present radical ideas to get jobs, investment and wages growing as strongly as possible. 

On Thursday 30th July at 4pm, we hosted  the fourth event in this series which will consider Payback time: When and how to balance the books? The level of public debt to GDP has risen above 100% for the first time since 1963 and the Government is expected to spend over £1 trillion this year. The extraordinary circumstances of the pandemic have led to extraordinary spending commitments. It will need to be paid back but when and how?  This event will explore the case for tax and borrowing, and consider when ministers’ interventions will be most effective.

We were delighted to receive contributions from Paul Johnson, Director of the Institute of Fiscal Students, Charlotte Alldritt, Director of the Centre for Progressive Policy, Tim Pitt, Partner at Flint Global and former Senior Adviser to Sajid Javid and Philip Hammond and Bim Afolami MP, Member of Parliament for Hitchin and Harpenden.