Category: STATE OF THE ECONOMY

State of the Economy: Unknown

Anne Marie Waters Tuesday July 21st 2020   I say the state of the economy today is unknown because it felt like the only appropriate word (other than “terrifying” which probably wouldn’t help the situation!) The government’s furlough scheme will soon end, and then UK business will need to stand on its own feet again…

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State of the Economy: Fragile

Anne Marie Waters Tuesday July 7th 2020   It’s back!  Our economy has now pretty much re-opened, so how is it going?  The short answer is: mixed (again). The re-opening of pubs and restaurants (and others) on July 4th did not deliver the economic boost that was hoped.  High street footfall for that weekend was…

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State of the Economy: Better

Anne Marie Waters  Tuesday 23rd June 2020   So, we’ve got the first week of post-lockdown high street trading under our belt, but how did it go? A mixed bag.  The economy is gaining momentum, according to the Telegraph, and we’ve had “a record surge in activity”.  Manufacturers led the biggest growth spurt since 1998…

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State of the Economy: Re-Opening

Anne Marie Waters  Tuesday 16th June 2020    Queues wound through organised blocks yesterday as Britain’s retailers re-opened, and we got an idea of the changes we’ll see on the high street the post-coronavirus crisis.  After reading through the rules in place, I’m sure I won’t be the only one who isn’t looking forward to…

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State of the Economy: Changing

Anne Marie Waters  Tuesday May 26th 2020   Former BBC ‘Dragon’ Theo Paphitis has declared that “retail will never ever be the same again” when economic life begins to stagger back to normality.  The coronavirus lockdown has closed all shops except those selling food and medicine, and it has been this way for more than…

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The State of the Economy: Shrinking

Anne Marie Waters  Tuesday May 5th 2020   Almost a quarter of the UK’s workforce is currently funded by the Government.  Figures show that 6.3 million people are now paid through the government’s job retention scheme that funds 80% (or £2,500) of workers’ wages. This amounts to 23% of the workforce.  In addition to this,…

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