The package of support measures expected to be...>

UK: The package of support measures expected to be rolled out today by

Chancellor of the Exchequer Rishi Sunak will be particularly interesting. The

previous monetary/fiscal measures were by and large orthodox policies done in

size. It usually takes one or two iterations for policymakers to come up with

something truly unorthodox or off the wall. Some form of basic income has been

touted as a possibility, as has suspension of income tax or national insurance.

One also wonders whether it would be easier for the government to underwrite the

insurance sector in some way...would the administration burden of providing

support to a large chunk of households and firms be easier to do via the

insurers?