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’
Tag: hospitality
12 reasons to be more cheerful about the UK economy in 2021
I know 2021 will be another tough year for many people and businesses, but I’m aiming here to provide some counterbalance to the more negative commentary you can easily find elsewhere... 1. The household sector (in aggregate) has built up substantial savings during the pandemic that could be used to fuel a strong recovery in … Continue reading 12 reasons to be more cheerful about the UK economy in 2021
Jury still out on ‘Eat Out to Help Out’
Like many, I was sceptical about the ‘Eat Out to Help Out’ scheme when it was first announced. Indeed, we may never really know what the net impact on the economy has been. But the evidence so far at least is encouraging. To recap, ‘Eat Out to Help Out’ (EOTHO) was a UK government subsidy … Continue reading Jury still out on ‘Eat Out to Help Out’
Plain-speaking Economics 