As the Bank of England reports that the downturn in the UK economy is less severe than expected, but is likely to take longer to recover, Professor Abhinay Muthoo of the Department of Economics comments that this is positive news, but it still leaves a lot of room for uncertainty.
Professor Abhinay Muthoo from the University of Warwick Department of Economics comments on criticism from the Commons Public Accounts Committee of the UK government's planning for the economic impact of Covid-19.
Economic impact as more coronavirus restrictions eased: expert comment from Professor Abhinay Muthoo
With the UK Government further easing coronavirus restrictions this week, Professor Abhinay Muthoo from the Department of Economics discusses the economic impact that the latest measures are likely to make.
As HMRC reports that the tax gap, the difference between the tax owed and what is actually paid, has fallen to the lowest recorded rate, Dr Arun Advani from the Department of Economics comments that there is still work to do on reducing that gap - particularly as the UK leaves the European Union.
Expert comment on Chancellor's Summer Statement: 'Tough choices' still ahead, but now is a good time for green policies
Yesterday, the Chancellor made his Summer Statement, with economic measures announced in a range of areas, including a home insulation scheme as part of an up to £5,000 grant to make homes more energy efficient. Dr Arun Advani, Assistant Professor in the Department of Economics, comments that these measures will need to be paid for in the long run, but now is still a good time to look at green policies.