Prof. Özlem Onaran
Chart of the Week
The extent to which can affordably rent varies considerably across the country, with London, naturally, being least affordable. We show that this isn’t just an issue for those on lower incomes.
On the state of UK Business Closures
13.5% of all UK businesses have temporarily closed or paused trading, during the lockdown, with 86.4% of workers in these businesses on furlough.
Covid 19: How are people are making ends meet?
There is a risk that following the shock of the pandemic and poor economic recovery, deep seated pessimism may set in for the young, who already feel that their lives will be less prosperous than their parents’.
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
Ten Largest Global Economies: Happiness Index since 2015
Out of the countries shown, the UK is perhaps the most confounding. Over the data period it has experienced significant political upheaval and societal division, centered around the Brexit vote. In 2016, the statistics suggest that Britain actually became happier and has remained on this trend until the end of the data period…