How much will UK borrowing during COVID19 cost?

[DreamChaser23]

how much in total do you think the borrowing will cost the government for the whole crisis? Will it go into the trillions rather than billions? They have already announced furlough scheme, and support to businesses grants/loans.

To expect from next April the tax for each individual will rise significantly?

And austerity will also worsen for the next 25 years?

I think the answer is “a shit ton”. We’ve spent the last ten years lowering the National debt and wiped out the progress in a couple of months. It’ll all need to be paid back somehow. Tax tax tax.