The UK Housing Market – June 2020 Update As part of our weekly blog series, we have looked at lockdown measures put in place as a result of the Covid-19 pandemic and the subsequent effect on various industries and economic indicators. In the UK, we are now into the fourth month of lockdown measures, and with this, economic data is starting to pick up on the effects of the drop in commercial activity in the UK. Reopening of the Housing Market Communities Minister Robert Jenrick announced the reopening of the housing market in line with an easing of lockdown measures … Continue reading UK Housing Market June Update
There are many things unprecedented about the times we are currently living in. Never before has the government provided such substantial and comprehensive financial support to the British public, nor have we been confined to our homes like this since the Spanish Influenza of 1919. The challenges presented by this pandemic have required drastic and innovative action across areas of policy, planning and engagement. Two areas of policy are particularly crucial at this time, known as fiscal and monetary policy. The government is responsible for fiscal policy, setting the appropriate rates of taxation and spending on different projects. Ultimately, the … Continue reading Economic Downturn – What Can Be Done to Mitigate the Shock?