Tag: Covid

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 →

Brexit Britain’s resilient services sector is proving the gloomsters wrong

Many people raised concerns about the patchy coverage of services in the Brexit deal negotiated between the UK and EU, known as the Trade and Cooperation Agreement (TCA). The gaps have already caused some significant problems, especially for smaller firms. In principle, the TCA offered extensive market access for UK services businesses, including the mutual … Continue reading Brexit Britain’s resilient services sector is proving the gloomsters wrong →