I'm just shocked by his statement tbh It has been said by others on that podium too, from the beginning. They have consistently said they will do all they can, that help will change, be modified to met the situation (which it has a couple of times so far) but that they will not be able to guarante that every business will come through afterwards or that all households will be fully protected.
And he said no to Univesal basic income, and explained why.
SE business that run from home and not a separate business address Oh but I do, and have had my email from HMRC about how to go about claiming for it! I won't get the grants etc, obviously as I don't have preomises, but I will get the 80% of my average income over 3 years, up to £2500.
I hope that was just a misunderstanding... too many friends who are SE are already panicking over misinformation!
There are going to be huge issues, a deep recession, probably a global debt relief programme and we are all going to have to work with it. Taxes wil be higher, once as many of us are back in work as is practical but, as he said last night, they are working on how to manage that to reduce the impact on the country's financial status.
To think that they won't be looking at that is a bit like those journalists who ask why something hasn't been done, as if the range of experts we see and those we don't have absolutely no knowledge whatsoever! And then even insist they are right, even when the explanation has been given, almost as if they didn't understand the answer, let alone the reality of the problem in the first place (and yes Mr Peston, that definitely includes you!)