Real economic cost of lockdown not clear yet, says Patel
Minister plays down estimates by economists
Estimates by economists of how much the lockdown has cost the economy were a “thumb-suck”, according to trade & industry minister Ebrahim Patel. He said the government had not calculated the cost.
Patel told the Sunday Times the “guesstimates” did not reflect that some industries remained active and at some companies people worked from home...