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
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’.