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Covid crisis watch

Each month we look at key indicators to see what effect the coronavirus has had on the UK economy

1 October 2021

  • Drivers queue to fill up

    UK business confidence collapses as fears of ‘stagflation’ grow

    Supply chain shortages and price rises could lead to the zero growth and high inflation seen in the 1970s
  • Construction workers report<br>File photo dated 07/02/17 of houses under construction on a new housing development, as a new report by the Federation of Master Builders (FMB), has warned that most smaller construction firms are struggling to hire bricklayers and carpenters amid a worsening shortage of skilled workers. PRESS ASSOCIATION Photo. Issue date: Tuesday January 23, 2018. Research by the FMB found there were also problems hiring other tradesmen and women, including plumbers, electricians and plasterers. See PA story INDUSTRY Bricklayers. Photo credit should read: Andrew Matthews/PA Wire

    What the government has to do to get the economy moving again

    Shevaun Haviland
    Ministers must sit down with businesses to work out a recovery plan to stop Britain’s economy falling into recession
  • Pupils raise their hands in class

    Covid cases rise as UK schools return and furlough scheme ends

    Our latest snapshot of key economic indicators also finds record inflation and travel nearing pre-Covid levels

26 August 2021

  • People sit outside cafes and pubs in Soho, central London.

    UK recovery begins to falter amid shortage of workers and supplies

    Guardian analysis suggests double whammy of Covid and Brexit the cause of supply chain disruption
  • Torsten Bell

    Wishful thinking will not close Britain’s inequality gaps

    Torsten Bell
    Covid has made us poorer and increased wealth and educational disparities. Optimism alone cannot fix this
  • People board a double-decker bus in London

    Covid cases remain elevated as UK travel takes off

    Our latest snapshot of key economic indicators also finds cooling inflation and supply chain chaos

29 July 2021

  • Oxford Circus in June.

    UK’s economic recovery from Covid stalled in June amid ‘pingdemic’

    Our latest snapshot of key economic indicators finds shortages of goods and staff leading to slower growth
  • Rachel Reeves

    Amid Tory chaos and confusion, Labour has a Covid recovery plan

    Rachel Reeves
    The real-world impact of this government’s lack of grip is all too clear, not least when it comes to the economy
  • happy crowd throwing beer over each other

    Cautious optimism over Covid as inflation hits three-year high

    Our latest snapshot of key economic indicators finds supply chain disruption and a dip in house prices

30 June 2021

  • A social distancing sign at an outside restaurant in London.

    UK Covid recovery at risk as furlough scheme phased out, say economists

    Business leaders also warn of renewed threat to jobs and growth as Delta variant drives up infections
  • A waiter serves customers at tables outside a restaurant in Soho, London

    UK unemployment drops as firms hire staff amid Covid rebound

    Our latest snapshot of key economic indicators finds business activity surging but stock markets slipping
  • Bank of England building and empty streets during first lockdown

    How will the UK economy emerge from the shadow of Covid-19?

    Jagjit Chadha
    End of furlough, corporate sector debt and continuing crisis in other nations all mean it is too soon to get out the bunting

27 May 2021

  • Masked travellers on the London underground

    UK recovery overshadowed by inflation and new Covid variants

    Our latest snapshot of key economic indicators finds unemployment falling and business activity growing
  • glass on a table in a pub

    Pubs and restaurants haven’t reached the post-Covid champagne moment yet

    Kate Nicholls
    The sector is beginning to bubble but will still need government goodwill to prosper, says insider
  • Shoppers in Oxford Street.

    Fresh support needed if UK lockdowns linger, warn business leaders

    Country is on course for a short-term boom this summer, but concern mounts over India Covid variant

30 April 2021

  • People sit outside a bar in Wales

    UK economy builds momentum as Covid restrictions ease

  • A man wearing a Union Jack flag design face mask shops in a Sainsbury’s supermarket

    UK economy rebounds as hopes grow for end to Covid crisis

29 April 2021

  • President Joe Biden wears a mask while giving a speech in the grounds of the White House

    An overhaul of the global tax system can wait no longer

    Angel Gurria
  • The OECD's Ángel Gurría

    Biden’s plans are ‘once in a lifetime’ chance to end global tax abuse, says OECD boss

31 March 2021

  • Yodel delivery van

    UK economy poised to recover after Covid-19 second wave

    Our latest snapshot of key economic indicators shows the deficit soaring but unemployment holding steady
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