The dreaded second surge has already arrived, and with that a second national lockdown in England and more measures to come in Wales, Scotland, and Northern Ireland. Any hopes of a steady economic recovery have disappeared, with most analysts pointing to a deep and protracted recession (thanks to the combination of a severe supply-side and demand-side shock). This has prompted emergency action both from the … Continue reading Britain’s Economy: What will happen next?

The foundations of the British housing market have so far failed to crack under the economic strain of coronavirus. Vivid memories of the great recession where real house prices crumbled by nearly 20% meant the sector was braced for the worst as Covid 19 started to shake the world’s economies. However, whilst the country sank into its deepest recession on record and with other markets … Continue reading The Wider Consequences of an Infallible Housing Market