Covid could cost children £350bn in earnings through lost learning, says IFS

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Report says children repeating a year of school should be considered as part of radical catch-up efforts

Today’s children face losing £350bn in lifetime earnings unless the UK’s governments invest in radical catch-up efforts when the pandemic is over, according to a report by the Institute for Fiscal Studies.

The IFS is urging policymakers to consider options including nearly nine million children repeating a year of schooling, the use of large-scale tuition in summer holidays and extended hours to make up for the classroom time lost during the Covid-19 lockdowns.

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