Sunak’s statement tomorrow. How much like the Old Normal can we afford to make the New Normal be – or try to?

Given the Coronavirus uncertainties, whatever he announces could be even more provisional than most schemes of most Chancellors. 

“Take a method and try it. If it fails, admit it frankly and try another. But above all, try something.”

The big picture is that Johnson is dashing for growth. We devoutly hope it works but the precedents aren’t promising.

David Gauke: Big Government is back. It didn’t work before. It may not now. Here’s why we should be wary of it.

Post-Covid, the environment is likely to be egalitarian and interventionist. For libertarian, small state Eurosceptics, this must come as a disappointment.

Philip Booth: Coronavirus is no excuse for surrendering to the Left on economics

Unfortunately, the crisis we face will lead to decisions having to be made which will be more difficult than those taken in 2010.

Warwick Lightfoot: The Government must borrow more to boost the post-Coronavirus recovery

After a decade of forward guidance, credit easing and quantitative easing, it was clear even before the Covid-19 crisis that monetary policy had run out of road.

Nick King: The business bailout scheme should avoid moral hazard, protect taxpayers – and not throw good money after bad.

Given the working title ‘Project Birch’ within Government, the project is reported to be considering investmenting billions of pounds in companies.

This really is the time to let the deficit grow big enough to look after itself

If, that is, interest rates carry on at rock bottom rates. But we have to take a chance on growing our way out of this crisis.

Owen Paterson: Cameron’s Coalition was formed ten years ago today. It left us a message of hope that we should honour.

As a member of his first Cabinet, I was tested in Northern Ireland – as elsewhere the new government reduced the defict and reformed public services.

Garvan Walshe: Why the Government must convert its business Covid-19 support away from debt

When used against an indiscriminate shock like the Coronavirus, it can become a huge weight on the private sector.

Ryan Bourne: Don’t fret about this debt – at least not yet. Big tax rises would choke economic recovery.

If it proves a temporary blowout rather than permanent, accumulated debt levels being modestly higher looks manageable.

The New Normal will be Very Abnormal Indeed. Here are 15 sets of questions about it.

How prepared are we for strict social distancing for the forseeable future, compulsory masks, closed leisure facilities – and a semi-functioning economy?

Julian Knight: Coronavirus presents a more complex economic challenge than when the Coalition took office

With no fiscal leeway for stimulus spending, a bold supply-side programme will be crucial for the UK.

Damian Hinds: Government has overtaken the private sector as the harshest debt collector

The CSJ’s proposals would bring practices in line with the private sector – and establish a new contract of fairness.

Caroline Elsom: We calculate the astronomical cost of the virus as double the sum spent each year on healthcare

As in 2008, the line between survival and disaster will rest on the bond markets’ trust in the British Government and on the reputation of the Bank of England.

Neil O’Brien: Salvaging the economy. Could we just live with more borrowing for a bit? Maybe, maybe not.

Hopefully it will be crisis averted, and we’ll have a bit more time to fix the hole. But sooner or later, difficult choices on tax and spending are coming.