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At a cost to government of £68bn, well inside the £190bn (and rising) that has already been spent on the crisis, and the £100bn infrastructure investment commitment they made, we estimate that a total of 1.2m jobs can be created in the UK inside the next two years, addressing both the environmental and social care crisis. This is sufficient to more than compensate for the shorter-term employment consequences from covid-19 (giving a net total job creation of nearly 245,000). With government borrowing costs at record lows, this is an ideal opportunity for the government to make serious, long-term investments in rebuilding the economy in the wake of covid-19.

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