On March 25, just a day after Britain shut down, economist Professor Philip Thomas, of Bristol University, made a grim prediction.
If the country remained in lockdown for longer than two months, he warned, any lives saved would be wiped out by those lost from the impact of the inevitable recession.
Britain hit that timeline more than a fortnight ago, but restrictions largely remain in place and there is growing alarm among economists that the cure has become far deadlier than the disease.
Prof Thomas now estimates that 150,000 people could die from Covid-19 over five years under the intermittent lockdown conditions necessary to keep infection rates, or the reproduction ‘R’ number, below one if a vaccine is not found.
Categories