A few quick thoughts on the economics of the Euro 2020 football tournament and calls for a snap Bank Holiday if England beat Italy in the final. England’s sterling performances during the tournament have been great for the nation’s mood. It has been fantastic to see the country come together and have so much to … Continue reading England, the Euros, and the economy…
Author: julianhjessop
Schools presentation on the economics of free trade (with a dash of Brexit)
Here are the slides from a presentation I gave today to sixth-form students... economics-of-free-trade-with-a-dash-of-brexit-8-july-2021Download
Ignore the gloomsters, the economy is roaring back
The horror! Yesterday we discovered that UK economic output — as measured by GDP — fell by 1.6 per cent in the first quarter of the year, 0.1 per cent worse than the 1.5 per cent originally reported. This is practically a rounding error. To put it in context, as recently as March the Office for Budget Responsibility, … Continue reading Ignore the gloomsters, the economy is roaring back
Why it’s right to wind down furlough
The Treasury will start to wind down the furlough scheme this week – and not a moment too soon. To begin with, the support is relatively generous – and costly – and still due to last another three months. Under the Coronavirus Job Retention Scheme (CJRS), employees on furlough receive 80% of their normal wages … Continue reading Why it’s right to wind down furlough
Plain-speaking Economics 