This pathway will give periodical updates on the UK economy based on research reports from the National Institute of Economic and Social Research (NIESR).
Watch all the videos and pass the test to obtain a certificate showing your completion of this Pathway. Certificates can be shared directly to your LinkedIn profile and social media accounts.
4 videos • 50 minutes
In this video Cyrille explains why he thinks UK inflation will hit 5 per cent next year and what it means for the economy. He goes through the factors contributing to inflation, from energy prices to shipping costs. He discusses why the UK economy hits supply constraints earlier than expected. He argues that the Bank of England should raise rates sooner rather than later to prevent a damaging wage-inflation spiral. He concludes by saying what rising inflation means for households’ income.
Cyrille Lenoel • 09:17
In this video, Hande examines the main highlights from the Spring 2021 issue of the National Institute UK Economic Outlook, focusing on the determinants of the UK economic recovery from the pandemic, the major risks surrounding it and the expected challenges of the post-pandemic economic landscape.
Hande Kucuk • 14:30
In this video, Garry outlines the direct impacts of the Covid-19 pandemic on the UK economy, and analyses the policy responses. He particularly focuses on the furlough scheme as a potential mitigating factor.
Garry Young • 15:10
COVID-19 has significantly impacted the world as we know it: socially and economically. Garry explains how the UK economy should have faired in the year 2020 based on factors that emerged in 2019, excluding coronavirus.
Garry Young • 08:58