The COVID crisis is affecting every aspect of the economy, and, uniquely, it’s hitting every country in the world hard at the same time. What can government do in a crisis without a rulebook? Andy Haldane, chief economist at the Bank of England, joins Bronwen Maddox to discuss the impact of COVID-19 on the UK economy.

Is the authorities’ economic response sufficient to support businesses during the lockdown? What role should the Bank of England play in this process? What changes might COVID-19 make to the future of the economy and financial system? And are we in for a V-shaped downtown, an L or a Nike Swoosh? 

“This is a simultaneous and enormous shock to every country on the planet.” – Andy Haldane

Presented by Bronwen Maddox. Audio production by Alex Rees. 

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