Matthew Lynn

Rishi Sunak needs to learn to add up

Rishi Sunak (Photo: Getty)

It is, by any measure, a heck of a lot of pizza. The ‘Eat Out to Help Out’ scheme turns out to have been a huge success. We learned today that is was used more than a 100 million times in August. In many cities, it was virtually impossible to get a table from Monday to Wednesday. Plenty of restaurants were grateful for the sudden boom in business, and no doubt a few were saved from closure.

There is a problem, however, and it is a significant one. It turns out that we have a Chancellor who struggles to add up, and Treasury officials who don’t know much about basic economics – and that matters. By any measure, Rishi Sunak’s half-price meal deal, launched to persuade us all to get back into the habit of eating out again, has been a hit.

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Written by
Matthew Lynn

Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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