According to the Bank of England, the availability of mortgages declined dramatically in the three months ending May 2020 – implying a bigger credit squeeze than in the worst three-month period of the global financial crisis.
Chart of the Week
Wayne Rooney decried that ‘[If] Manchester United or Man City need 30 per cent of their players’ wages to survive… then football is in a far worse position than any of us imagined.’.
COVID 19: Permanent Changes to Consumer Habits?
Our work, leisure and shopping habits as well as interpersonal relationships have all been subject to seismic shifts in a matter of months. Indeed, what consumers value has changed, so as we enter the inevitably severe economic downturn, retail businesses will have to navigate this transformed
COVID 19 and Universities
Much as other industries including retail, aviation and automotive are making their case to the government for support following the pandemic, Universities UK has similarly petitioned government for a Coronavirus rescue package…
Exiting the Lockdown: The Range of Impact on GVA by Sector
It is imperative that the public are informed in a cogent, digestible and evidence-based manner on how best to limit new infections as the economy begins to get back on track. In the absence of clear, authoritative information that
March 2020
The major drop in commodity prices and the unpopularity of mining is causing exploration to stop and mines to be shutting down. The economic crisis that is affecting raw materials, when the global economy starts to recover, is likely to cause rapid price increases. Inflation, which has been dormant now for many years, will probably be a hot