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.
20 November 2020: The #icaewchartoftheweek takes a look at the Irish Government’s fiscal plans for 2021 and how it plans to tackle the twin headwinds of COVID and Brexit.
20 November 2020: In these challenging times, all bets are off when it comes to the structure of our post-COVID economies.
13 November 2020: The claimant count soared at the start of the pandemic but levelled off since then. Will a wave of redundancies see it climb again over the winter?
6 November 2020: The MP for Meriden spoke with members at an ICAEW virtual roundtable about the economy, the need for second lockdown and the importance of accountants in times of crisis.
10 November 2020: COVID is the latest knock in a 10-year recession for Greece. Is it really viable for sustainability to form part of its recovery? Marios Psaltis, Managing Partner of PwC in Greece, believes it’s not only possible but essential.
6 November 2020: Renewables, imports and nuclear are expected to provide around 85% of UK electricity generation by 2040, but will that be good enough to achieve carbon neutrality a decade later in 2050?
6 November 2020: Rishi Sunak has announced a five-month extension to the current Coronavirus Job Retention Scheme and increased the level of the next self-employed income support grant.
30 October 2020: The US federal government spent $3.1tn more than it received in the year to 30 September 2020, more than three times the $1.0tn deficit incurred in 2019.
28 October 2020: Changes to business rates and targeted support for specific sectors are among key levers the government should use to boost the UK’s economic recovery, according to a new survey of ICAEW members.
23 October 2020: The gap between spending and receipts widened to £208bn in the half-year to September 2020, significantly greater than the £80bn in the first half of 2009-10 at the height of the financial crisis.
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.
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.
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.
Weekly briefing from PwC presenting key economic data plus illustrative scenarios and analysis of the impact on industry sectors.
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.
Research briefing looking at the effect of the coronavirus and policy responses on the UK economy and public finances.
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