The economic outlook

Speech by the Governor of the Bank of England Andrew Bailey

Monday 8 March 2021

The Covid-19 pandemic has sparked a truly global economic crisis, affecting families, firms and institutions throughout the world. The UK has been hard hit – experiencing the biggest economic contraction in over three centuries – but the fast pace of its vaccine roll-out means that the economy is expected to recover rapidly this year. The … Continued

On the recovery road

Assessing the Budget and economic outlook

Thursday 4 March 2021

Chancellor Sunak’s first year in office has been marked by a huge economic crisis, and unprecedented policy interventions to support workers and firms through the pandemic. With vaccines being swiftly rolled out, the year ahead should see the economy return to growth. But with rising unemployment and firms reluctant to invest, the road to recovery … Continued

Coronanomics: Challenges facing policy and governance

Tuesday 8 December 2020

Coping with the COVID-19 pandemic has been the toughest test for many governments in generations. From suppressing the virus and ensuring healthcare systems can cope, to dealing with the fallout in terms of support for businesses and households, governments are facing huge policy battles, and on multiple fronts. This has placed great pressure on our … Continued

Coronanomics

The economic challenges of COVID-19

Monday 30 November 2020

The COVID-19 pandemic has upended economies across the world. The daunting scale, pace and uncertainty of the crisis has presented huge challenges for economics, and for economic policymakers attempting to steer countries through it while limiting the damage to citizens’ lives and livelihoods. And even if a vaccine is found soon, the legacy of the … Continued

Cash for Covid

Assessing the Spending Review and economic outlook

Thursday 26 November 2020

With economic uncertainty running high, the Chancellor has cancelled his Budget and scaled down his upcoming Spending Review. But he still faces big decisions about how much of this year’s exceptional spending will continue into next year to support the economy and tackle the virus. Add in fresh forecasts from the Office for Budget Responsibility … Continued

Building a nation to belong to

Preparing for a new post-pandemic economy

Thursday 11 June 2020

Live interactive webinar to launch new book ‘The economics of belonging’ by Martin Sandbu. Register to receive access link. In just over a decade, the UK has been hit by two major global recessions with, for too many, little recovery in between. This has exposed long building political, economic and cultural divides – divides that … Continued

An economic battleplan

Assessing the design and delivery of Britain’s COVID-19 response

Thursday 30 April 2020

Faced with an unprecedented economic crisis, the Government and the Bank of England have announced an unprecedented package of support measures – from business loans and more generous benefits, to paying the wages of a huge proportion of the private sector workforce. This bold action is costly but necessary – and more will be required … Continued

The corona crisis

The economic impact of COVID-19

Thursday 16 April 2020

The coronavirus public health crisis has quickly turned into an economic crisis. The necessary social distancing measures have closed down huge swathes of the UK economy, while the Government has committed hundreds of billions of pounds to supporting firms and workers through the downturn. Amid huge uncertainty about the scale and duration of the crisis, it is crucial that … Continued

The Economic Outlook for 2020 and beyond

Speech by MPC member Jonathan Haskel

Friday 20 December 2019

Friday 20 December, 11am-12pm, Resolution Foundation offices, Westminster The UK is about enter a new year, and a new decade, amid widespread economic uncertainty at home and abroad. Understanding the unique pressures facing the UK, and how our economy is influenced by wider economic trends, will be cruciall for policy makers as we enter a … Continued

Economy and public finances
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Welfare
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Political parties and elections

Beveridge mark II?

The future of social security

Tuesday 26 November 2019

From a new ‘triple-locked’ state pension to big welfare cuts for young families and the roll-out of the Universal Credit, no area of the state has undergone such a radical transformation over the past decade as social security. That transformation is set to continue in the next parliament too, as Universal Credit is extended to … Continued

Economy and public finances
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Political parties and elections

The shape of things to come

Assessing the main parties' plans for tax and spend

Monday 4 November 2019

Monday 4 November, 9.40-11am, Resolution Foundation offices, Westminster | Part I of a pre-election trilogy of RF events on the past, present and future of the state After almost a decade of austerity, both main political parties want to expand the size of the state – with commitments from new hospitals to renationalised utility companies expected in … Continued

Regulating the regulators: The power and legitimacy of the central bankers directing our economy

Tuesday 22 May 2018

Book launch for Unelected Power by Paul Tucker Central bankers have played a key role in directing economies across the world since the financial crisis. From the slashing of interest rates, to the introduction of Quantitative Easing and major reforms to who can get a mortgage, the decisions of central Banks profoundly affect people’s living … Continued

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