As fearful Britain shuts down, coronavirus has transformed everything
It’s too early to say whether the country is united but the cracks are beginning to show
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Has the national life of this country ever been transformed so completely and at such a speed? In the course of a week, the British landscape has changed and changed utterly. Once crowded streets are deserted. Schools are closed, summer exams cancelled. Football grounds are shuttered and padlocked. Theatres are dark, cinemas silent. They’ve even stopped changing the guard at Buckingham Palace – and from Friday night the pubs are shut.
The economy has juddered into reverse, set to shrink by 15% according to some estimates – a collapse more catastrophic than the Great Depression. Each day has brought news that, in normal times, would constitute an epochal, ground-shaking development but which, in the current climate, has struggled for airtime. The Bank of England cut interest rates to their lowest level since the Bank was founded in 1694, and announced an infusion of £200bn. The pound slid to its lowest level against the dollar since the mid-1980s. Meanwhile, a Conservative government has torn up 40 years of small-state, free market doctrine, first promising to spend a staggering £330bn, and then on Friday evening committing to pay 80% of the wages of workers who have had to down tools, with “no limit” on the funds available. The chancellor, Rishi Sunak, did not exaggerate when he said nothing like this had ever been done before. Even hardcore socialism usually stopped short of calling for the government to take on the payroll of private sector employers. Now it’s Tory party policy.
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