Simon Lancaster, the founder of SJL Insurance Services, commented: “I think the discussion here by Rishi Sunak is similar to the tax and spend discussion that has happened since time immemorial!

“But essentially – The Government does need to find lots of cash to pay for Covid, which in fairness as we know has cost them billions and billions. That is without doubt, the question is; where it comes from. My fear is that they will put too much burden on business, many of whom are already struggling from the numerous effects of Covid themselves.

Rishi Sunak