The government is moving towards a stricter regime in dealing with coronavirus outbreak, but there consequences.
Whether mitigation or suppression, the consequences can be severe. In economic terms this can range from stock market volatility, the collapse of major companies, for example in the aviation industry as travel restrictions bite, the permanent closure of entertainment venues, and at a personal level, the loss of income and jobs, both in the short and long term.
The government has said to will introduce measures to help industry and individuals, but the level and extent required of such support has yet to be calculated. The current position of advising businesses to close rather than enforcing a shutdown could be viewed as letting insurance companies and government off the financial hook.
The British government has undoubtedly moved its position towards suppression. However with the measures announced advisory rather than compulsory and with schools and colleges still open, is still engaged in a juggling act between the science, the ethics and the economics of dealing with COVID-19.
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