1.5 trillion pound cost of Covid 19 in the U.K. when a 200 billion pound solution is available.

Mark Artherton, CFA
5 min readMay 16, 2020

A recent report leaked by from the U.K. treasury shows the expected cost of the lockdown of the U.K. economy. This is only the fiscal cost, and does not include the costs to individuals who lose their jobs or lost revenues as demand craters. Overall we believe the true cost to the U.K. economy will come out closer to 1.5 trillion pounds.

When I saw this number I thought that surely there must be a better way to spend a fraction of this money but deliver the same viral outcome – fatalities. At the end of the day even 200 billion pounds would buy a lot of things!!

What do we – as a society – need to achieve?

  • Protect Care home residents
  • Protect the vulnerable outside of care homes
  • Ensure the health service is not overwhelmed
  • Generate herd immunity – not a dirty term!
  • Help fund the above solution for less developed nations

All of this is ‘doable’ in my opinion with change left to fund a number of Green initiatives.

I will very carefully define the meaning of the word ‘protect’:

  • Protect – as much as possible – from dying at the hands of the virus;
  • Protect – as much as possible – the mental health of vulnerable individuals;
  • Protect and reward the…

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Mark Artherton, CFA

Independent ESG Research and data analysis at Inteqres. Over 20 years experience in Research.