COVID bailouts helped politically connected businesses more than others – new research

COVID has been a painfully expensive ordeal for countries across the world. Aside from the medical cost of vaccines, testing and treatment, economic aid for furlough schemes and sector bailouts dealt a serious blow to public finances.

Nations responded by distributing vast sums of money which are unlikely to be recouped. The UK alone spent £261 billion across different relief schemes, of which £15…

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