As death toll soars, Britain’s finance minister reportedly warns economy could shrink by 30 per cent

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The British death toll is the fifth highest globally and a senior scientific adviser to the government has said the country risks becoming the worst-hit in Europe

Johnson left London’s St Thomas’ Hospital on Sunday after spending a week there, including three nights in intensive care, being treated for the disease. He said “things could have gone either way” for him while he was hospitalized.

While there was widespread sympathy for Johnson over his illness, the upbeat tone of his message could not disguise the gravity of the choices now facing his government while he is away from his desk.With Raab at the helm but lacking the full authority of a prime minister, the government faces trade-offs between the needs of the health service and of the economy, with national morale also at stake.

“ has been very clear about the significant impact which the coronavirus pandemic is having on the economy,” he said.A government review of the current measures, which have been in place since March 23, is scheduled to take place by Thursday. The government is expected to extend the restrictions.

Working in tandem, the Treasury and the Bank of England have announced a gigantic package of measures to stop the economy and labour market from collapsing, but there have been complaints that delivery is slow and patchy. “We are making good progress with the latest figures showing an eightfold increase from last week,” he said.

 

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