Prof. Özlem Onaran
Chart of the Week
We invite you to explore the data to understand the characteristics of UK trade. Observe how patterns of trade have changed over time between the UK and key trading partners. Hover over each country to view the value of exports and imports, as well as the balance of trade.
Chart of the Week
Investors have flocked to those sectors which they believe will benefit from lasting post-pandemic trends, and avoided those that have proven less resilient – with Information Technology up 29% at one extreme, and Energy down 41% at the other.
Historical Public Sector Net Borrowing: Post-Covid 19 Forecast
Despite the unprecedented and, as yet, incalculable, cost of government measures, the OBR have stated that ‘we can be confident that the cost of inaction would ultimately have been much higher.’.
COVID 19 and Inflation
The combined hit to both demand and supply sides means that the COVID 19 recession will be a departure from the those seen in the 1930s and 2008: inflation is indeed likely. The risk is that the recovery may cause
The Impact of Covid 19 on Global Growth Projections
Researchers from Imperial College London predicting that ‘transmission will quickly rebound if interventions are relaxed.’. If this causes reintroduction of measures, then a double-dip recession looms. Indeed, should the spread of the virus maintain this pace, a sustained decline is