OUR PLAN TO REBUILD:
The UK Government’s COVID-19 recovery strategy
This document sets out a plan to rebuild the UK for a world with COVID-19. It is not a quick return to ‘normality.’ Nor does it lay out an easy answer. And, inevitably, parts of this plan will adapt as we learn more about the virus. But it is a plan that should give the people of the United Kingdom hope. Hope that we can rebuild; hope that we can save lives; hope that we can safeguard livelihoods.
The second consideration is protecting and restoring people’s livelihoods and improving people’s living standards.
Ultimately, a strong economy is the best way to protect people’s jobs and ensure that the Government can fund the country’s vital public services including the healthcare response. This means the Government will take into account:
● the short-term economic impact, including the number of people who can return to work where it is safe to do so, working with businesses and unions to help people go back to workplaces safely;
● the country’s long-term economic future, which could be harmed by people being out of jobs and by insolvencies, and investing in supporting an economic bounce back;
● the sustainability of public finances so the Government can pay for public services and the healthcare response;
● financial stability so that the banks and others can continue to provide finance to the economy;
● the distributional effects, and so considering carefully the Government’s measures on different income and age groups, business sectors and parts of the country.