Questions and answers about coronavirus and the UK economy

Questions and answers about coronavirus and the UK economy

New PostHealth, physical & mental

How does the market for vaccines work?

Effective vaccines are developed through collaboration between governments, publicly funded research universities and for-profit pharmaceutical companies. But the incentives to produce the doses can often leave out lower-income countries.

Transport & infrastructure

What is the future of commuting to work?

Around half the UK labour force is currently working from home. Surveys of employees conducted in March and April 2021 suggest that spending two to three days a week at home is the most common expected working pattern after the pandemic.

Jobs, work, pay & benefits

How might increases in the UK minimum wage affect jobs, work and pay?

Modest rises in minimum wage rates came into effect in the UK on 1 April 2021. Although rates have been uprated year-on-year since 1999, with little evidence of negative employment effects, the Covid-19 crisis makes the impact of these increases on jobs and pay highly uncertain.

Pensions, savings & investment

Does the stock market reflect the economy?

Stock market fluctuations often seem far removed from what’s happening in the wider economy, especially in a crisis. But historically, share prices have been able to explain some changes in key economic measures and they could hold clues for the UK’s post-pandemic recovery.

Business, big & small

Update: Which firms and industries have been most affected by Covid-19?

Businesses across the UK have been negatively affected by the pandemic, but the damage has not been equal. Certain sectors and certain firms within them have suffered more than others – and many have faced highly uncertain futures.

Lessons from history

Ireland’s economy since independence: what lessons from the past 100 years?

A century ago, advocates and opponents of Irish independence presented arguments about the future of Ireland’s economy outside the UK. With the benefit of hindsight, we can see that predictions made by both sides have come to pass at different points over the past 100 years.

Lessons from history

What were the economic consequences of Irish independence?

Following partition of the island of Ireland in 1921, the two successor states had to forge separate paths, both politically and economically. The experience of the early years of the Irish Free State offers lessons for today’s debates about independence from the UK.

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