Quoted in the Telegraph piece today
Gerard Lyons, Mr Johnson’s former economic adviser, adds that the confidence of investors in European capitalism could ultimately be shaken if vaccine contracts are breached.
He warns: “How governments behave in times like this sets a precedent for the future in terms of how longer term investors and other countries may see them. So I think it’s important to do the right thing... I think they’re in a hole and digging deeper.”
The article was by Russel Lynch, economics correspondent, on
Europe’s ‘Anglo-Saxon’ phobia is proving deadly