Coronavirus: Government Assistance

(asked on 5th January 2021) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what estimate they have made of the total daily cost of their COVID-19 financial support packages.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 18th January 2021

In their November 2020 forecast, the Office for Budget Responsibility estimated that costs associated with COVID-19 related support was approximately £280 billion. The OBR will publish a new estimate when they release their next forecast at the Budget on the 3 March.

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