Current Affairs Digest
This article summarises a selection of commentaries on monetary financing, which is the central bank creating money on which interest is not paid. It sets out the pros and cons of the monetary financing approach, and discusses proposals for mitigating some of the risks involved. It also considers arguments that the Bank of England’s existing policy of quantitative easing (QE) is a form of monetary financing.
In Focus
A universal basic income (or UBI) is a periodic cash payment unconditionally delivered to all on an individual basis, without a means-test or work requirement. This article examines arguments for and against introducing a UBI, particularly in light of the economic impacts of the coronavirus outbreak.
In Focus
While Covid-19 is expected to have a negative impact on UK tourism overall, the number of domestic tourists in the UK is expected to rise. This briefing considers the debate regarding the potential impact of increases in domestic tourism on seaside resorts.
In Focus
The Government’s furlough scheme helps companies retain staff during the pandemic. This article considers proposals for a similar system covering physical premises, whereby the Government would help pay rent and services charges for companies in certain sectors. Similar schemes operate in Denmark and Sweden. The Government has not responded directly to the proposals, which are the subject of an oral question in the House of Lords on 15 June 2020.
Research Briefing
The Corporate Insolvency and Governance Bill is a Government bill being fast-tracked through Parliament with the intention of reducing the burden on businesses and providing flexibility and breathing space to keep them operating during the Covid-19 pandemic.
Research Briefing
A summary of proposals for policies to reshape the economy following the coronavirus pandemic. This includes recommendations for how the economy could be "fairer" and "cleaner".
Research Briefing
Coronavirus (Covid-19) has had major implications for the UK economy. There have been debates about a number of possible changes to economic policy when the UK enters the recovery phase. These include: possible major reforms to fiscal policy; whether the Government should facilitate the reallocation of jobs and capital away from the hardest hit sectors of the economy; what measures could be taken if the virus exacerbates inequalities in the UK; and whether the recovery is an opportunity to bring about fundamental changes in the economy and society.
In Focus
The Covid-19 pandemic has seen an increase in complaints of price gouging, with some household items being sold at inflated prices. This article summarises the campaign to combat price gouging and the existing powers available to achieve this in consumer law.
Research Briefing
A range of international bodies and coalitions are responding to the impact of the Covid-19 pandemic.
Research Briefing
The Government has set up a scheme to compensate those affected by the Windrush scandal. This briefing explains the scheme and considers criticisms of it so far.
Research Briefing
The current health emergency is likely to have a disproportionately negative effect on the economic position of lower-paid people, young people, and women.
Research Briefing
The UK must send an assessment of its economic position to the European Union. Parliament is required to approve the documents which form the basis of this assessment.
In Focus
The British Business Bank operates a series of loan schemes to support companies during the pandemic, including the Coronavirus Business Interruption Loan Scheme (CBILS). This article summarises the schemes and policy debates around them. It includes data on loan take-up up to 22 April. Coronavirus support through the British Business Bank is the subject of an oral question in the House of Lords on 30 April 2020.
Research Briefing
Policies to tackle the impact of Covid-19 on those living in poverty is explored in this briefing.
Current Affairs Digest
These articles consider the effect of coronavirus, first, on the UK economy; and second, on global poverty. On the UK economy it summarises two commentaries that attempt to draw lessons from the earlier pandemics, but reach different conclusions. On global poverty, it reports two estimates of the implications of the pandemic for developing countries and for the UN sustainable development goal to eliminate extreme poverty.
Total results (page 4 of 18)
