Britain to reveal post-coronavirus recovery plan

LONDON - The British government will on Wednesday unveil a mini-budget to kickstart economic growth after the coronavirus shutdown, with a jobs scheme for young people and investment in infrastructure among the big ticket measures.

He has also already announced £3 billion of green investment, after Prime Minister Boris Johnson vowed to"build, build, build" out of the economic crisis. The plan is part also of Britain's long-term pledge to reduce carbon emissions to net zero by 2050 to tackle climate change. It is currently supporting more than nine million jobs, part of a series of multi-billion-pound packages to help those affected by the impact of the outbreak, but is due to end in October.

"Four months on from the outset of coronavirus, we have slowly and carefully reopened much of our economy, and we can now begin our national recovery," Mr Sunak told Parliament on Tuesday.FINANCIAL 'HOLE' Britain imposed a nationwide lockdown on March 23 to halt the spread of Covid-19, but has gradually begun easing restrictions in the hope of boosting ailing businesses.

Experts estimate the total cost of state emergency measures meanwhile could run as high as £300 billion.

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