Britain’s economy: less scarred by covid-19 than had been feared
Rishi Sunak, the chancellor, has money to play with
ECONOMIC FORECASTING is difficult, especially during a pandemic. On August 12th the Office for National Statistics (ONS) reported that GDP grew by 4.8% in the second quarter of this year, leaving the economy just 2.2% below its pre-pandemic level. The pace of recovery slowed a little in July as covid-19 cases spiked. Even so, official government forecasts from earlier in the year now look absurdly pessimistic.
This article appeared in the Britain section of the print edition under the headline “Not too gruesome”
Britain August 14th 2021
- Britain’s courts are in a mess
- The battle for north London’s public space
- The British government’s unwanted higher-education boom
- HS2’s extension and the paradox of infrastructure investment
- Brexit Britain wants to liberalise trade with poor countries
- Britain’s economy: less scarred by covid-19 than had been feared
- Boris Johnson’s strained love affair with the motorist
From the August 14th 2021 edition
Discover stories from this section and more in the list of contents
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Are British voters as clueless as Labour’s intelligentsia thinks?
How the idea of false consciousness conquered the governing party
The best British companies to work for to get ahead
A new ranking of firms by pay, promotions and hiring practices
How the best British employers find and promote their staff
No degree? Some employers care much less than others
A Northern Irish experiment in recycling
The tiny island aiming to get to net zero
A sticking-plaster policy for Britain’s strained courts
Magistrates get more power. Will they get punch-drunk on it?