Tag: Covid

It’s still far too soon to unwrap ‘Plan B’

If the latest rumours are correct, the UK government will soon announce new Covid restrictions in response to the spread of the Omicron variant. Throughout the pandemic my instinct has been to give the policy-makers and their advisors the benefit of the doubt. But any such move now would make little sense. Starting with the … Continue reading It’s still far too soon to unwrap ‘Plan B’

A quick primer on ‘Omicronomics’

Here are some first thoughts on 'Omicronomics', or the economic impact of the new Covid restrictions announced for England over the weekend. The main short-term risk to the UK economy comes from the tightening of the self-isolation rules: contacts of those testing positive for the Omicron variant will have to stay at home for up … Continue reading A quick primer on ‘Omicronomics’

UK economy to catch up by Christmas

Most of the coverage of the latest UK GDP figures has been downbeat. Two headlines sum up the responses: ‘the best of the recovery is behind us’, and ‘the UK economy has reclaimed its status as the G7’s laggard’. ‘Stagflation’ is back on the agenda again too. I would rather focus on the positives, but let’s begin … Continue reading UK economy to catch up by Christmas