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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: Real interest rates


Our chart this week looks at how real interest rates – net of inflation – remain stubbornly negative despite recent increases in the Bank of England base rate.

Chart of the week: Fuel prices


Our chart this week gives a breakdown of what makes up the cost of petrol and diesel, which continue to soar in price despite the temporary cut in fuel duty.

Chart of the week: VAT receipts by quarter


This week’s chart highlights how the VAT deferral scheme is almost entirely behind higher VAT receipts in recent quarters, providing a note of caution to recent media headlines welcoming bumper tax revenues.

Levelling Up funding: the governance challenge


The Levelling Up White Paper points to insufficient regional data and the need for a new accountability framework. But will this create barriers for local authorities to access funding?

Chart of the week: G7 economic growth


The latest IMF economic forecasts put the UK at the bottom of the pile in 2023, but our chart this week elevates the UK to fifth place out of seven by looking at average growth for the four years from 2020 to 2023.

Chart of the week: GCSE maths grade inflation


Our chart this week looks at the grade inflation challenge facing 16-year-olds across England as they study for their forthcoming GCSEs in the third year of the pandemic.

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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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