ECONOMIC recovery following the Covid-19 outbreak could be quicker than that which followed the last global financial crisis, George Osborne has said.
The former chancellor called on the Government to set out its longer-term plan to instil confidence in the markets. Asked if he thinks the economy will"bounce back", he told BBC Radio 4's Today programme:"I'm not sure bounce is the right word. I think it will recover."In fact, I think the damage being done alone is actually less than the damage that was done during the banking crisis because that completely clogged up all the credit system.
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