Relief and rescue: financial regulatory suspensions in the United Kingdom
Journal: University of Birmingham Research Portal (University of Birmingham)
Year: 2021

The outbreak of the COVID-19 pandemic severely impacted economic activity as governments imposed lockdowns in many countries. Besides public finance packages for emergency help, such as furloughing, policymakers have turned to private sector finance to alleviate the financial stresses and hardships caused to households and corporations. In other words, private sector finance is being relied on, to a significant extent, but not exclusively, to meet the policy goals of “relief and “rescue” for hou