Sunak now prefers risk of doing too much to risk of doing too little
The latest U-turn involves extending the furlough scheme until the end of March, something Sunak said was necessary because the experience of the first lockdown was that the pain lingered even when restrictions were eased.
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Yet the unspoken message was that tough curbs on activity would remain in place even when the lockdown in England expires on 2 December. Rather than come back at that point, the chancellor is trying to do now what he has failed to do previously and get ahead of the curve.