3 ms·
You're confusing two different measures. The UK government has increased spending by £30B, £12B to be spent on tackling COVID 19. The Bank of England has sugg
by Jabbles 7y ago
You're confusing two different measures.
The UK government has increased spending by £30B, £12B to be spent on tackling COVID 19.
The Bank of England has suggested lending £190B to businesses in need.
The roughly equivalent numbers appear to be 12B and 600B (Euros) for Germany.
https://www.theguardian.com/uk-news/2020/mar/11/budget-2020-rishi-sunak-spending-coronavirus https://www.theguardian.com/uk-news/2020/mar/11/budget-2020-...
https://www.bankofengland.co.uk/news/2020/march/boe-measures-to-respond-to-the-economic-shock-from-covid-19 https://www.bankofengland.co.uk/news/2020/march/boe-measures...
https://www.channelnewsasia.com/news/world/coronavirus-germany-economic-measures-covid-19-crisis-12517624 https://www.channelnewsasia.com/news/world/coronavirus-germa...
https://www.pionline.com/markets/germany-lines-600-billion-virus-aid-eu-backs-stimulus https://www.pionline.com/markets/germany-lines-600-billion-v...
- brrrrr1 7y agothanks for the clarification, still a pretty small number considering. all i am saying is these numbers might explain the logic behind going against all scientific advice.