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Economic data on coronavirus

The spread of COVID-19 has already disrupted the economy in China and beyond. This page collects together ICAEW insights and externally-produced resources giving economic indicators and analysis on the financial impact of the coronavirus.

ICAEW insights

Chart of the week: UK payrolled employees


Our chart this week looks at how the number of employees on UK payrolls has been supported by the furlough scheme, with more people employed in October 2021 than before the pandemic.

Meet HMRC’s horizon-gazing futurists


The UK tax authority’s Futures team monitors trends in the economy and society that could have an impact on government revenues and tax administration.

Chart of the week: Germany


Our chart this week is on Germany, where a new ‘traffic light’ coalition government headed by Chancellor-designate Olaf Scholtz is poised to take charge of Europe’s most prosperous nation.

Minister hails accountants as vital for SME recovery


The Small Business Minister has put chartered accountants at the heart of the SME post-pandemic recovery programme, using their skills and knowledge to benefit small businesses looking to bounce back.

The manufacturing sector is like “a coiled spring”


Survival over the next year is crucial to UK manufacturers because “if you don’t get the short-term right, there won’t be a long-term,” says David Webb, vice chair of ICAEW’s Manufacturing Community.

ICAEW: Business confidence falls from all-time peak


UK business confidence has weakened after successive quarterly peaks, a new ICAEW survey has found, with significant variation among sectors as fear of a ‘K-shaped’ economic recovery re-emerge.

Chart of the week: Consumer Prices Index


Our chart this week looks at how price rises have accelerated over the last few months, with consumer price inflation reaching 4.2% in October, the highest it has been for a decade.

Public finances post-crisis: rebuilding with balance


The impact of the COVID-19 pandemic, along with the lasting scars of the financial crisis, have sapped the UK’s fiscal strength in a period of major transition. The Resolution Foundation has some recommendations for recovery.

Chart of the week: The path to net zero


All eyes have been on COP26 as the world’s leaders seek to set a course to eliminating carbon emissions over the next quarter of a century or so. Our chart highlights what it will take for the UK to do its part of delivering net zero by 2050.

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External resources

Information hubs

COVID-19 UK Economic Update

Weekly briefing from PwC presenting key economic data plus illustrative scenarios and analysis of the impact on industry sectors.

Coronavirus Business Impact Tracker

Weekly survey conducted by the British Chambers of Commerce tracking business response to the government's measures and changes to business's working practices. It gives figures on levels of staff furloughing, cash reserves, take up of the Bounce Back Loan Scheme, reaction to government guidance, and ability to implement guidance.

Coronavirus and the economic impacts on the UK

Fortnightly statistical bulletin from the ONS showing how businesses in the UK have been affected by Coronavirus in terms of turnover, workforce, prices, trade and business resilience. Indicators are based on responses from the ONS voluntary business survey into the impact of Coronavirus.

Deloitte COVID-19 webinars: Updates and practical steps

A series of weekly webinars hosted by Deloitte's Chief Economist discussing the impacts of COVID-19 on the UK and global economy, challenges faced by organisations, how businesses are responding and government initiatives.

Eurostat COVID-19: Economy

Hub produced by Eurostat collecting together statistics on the economic impact of the coronavirus pandemic across Europe. It includes the latest releases, analysis, data visualisations and data sets tracking key indicators.

Commentary and analysis

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