Government's priority is to act big and act fast

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Government's priority is to act big and act fast
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The government's priority is to act big and act fast

The reason for that is not that Labour has suddenly turned into a flock of fiscal hawks - as one party source joked today.

That does not mean ministers have acted foolishly. It does not even mean officials believe the plans are a mistake. For government ministers ,the priority is to act big and to act fast. And if some of the money doesn't end up in the right place, they believe that's a price worth paying for the jobs that might be saved.I understand the Treasury doesn't have modelling of how many of the nine million workers on furlough's jobs they expect to survive.

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