Covid-19: MPs call early response a failure, and record bid to boost pubs

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Government borrowing this year could be more than £50bn lower than was forecast in March, thanks to the UK’s strong economic recovery in the wake of the vaccine rollout, according to the Institute for Fiscal Studies. But “ever-growing spending on the NHS, and an economy smaller than projected pre-pandemic” will mean there is no room for big spending announcements on other public services, says the think tank’s director Paul Johnson.