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1 Document Classification: KPMG Public © 2020 KPMG Channel Islands Limited, a Jersey company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG UK Chief Economist’s note – governments move to the rescue

KPMG UK Chief Economist’s note – governments move to the … · 2020. 8. 31. · 2020, the deficit could rise to 8% of GDP according to the IFS. The debt-to-GDP ratio could then

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Page 1: KPMG UK Chief Economist’s note – governments move to the … · 2020. 8. 31. · 2020, the deficit could rise to 8% of GDP according to the IFS. The debt-to-GDP ratio could then

1

Document Classification: KPMG Public

© 2020 KPMG Channel Islands Limited, a Jersey company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG UK Chief Economist’s note – governments move to the rescue

Page 2: KPMG UK Chief Economist’s note – governments move to the … · 2020. 8. 31. · 2020, the deficit could rise to 8% of GDP according to the IFS. The debt-to-GDP ratio could then

2

Document Classification: KPMG Public

© 2020 KPMG Channel Islands Limited, a Jersey company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.