Macroeconomics: UK economy, IB Economics
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A brief overview of relevant articles for IB and A-Level all relating to the UK economy
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Beer and new TVs: Euro 2024 ‘to fuel £2.75bn spree for UK shops and pubs’ | Hospitality industry | The Guardian

Beer and new TVs: Euro 2024 ‘to fuel £2.75bn spree for UK shops and pubs’ | Hospitality industry | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - June 9, 9:54 AM
First men’s summer tournament since pandemic and favourable kick-off times set to boost struggling UK pubs and bars
Graham Watson's insight:

The 2024 Euros represent a really boon for the hospitality sector - with increased consumer spending triggering a multiplied effect on growth. 

 

It will be the first post-pandemic major summer sporting event, and it will be interesting to see its effect on the economy. 

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Donaldo C's curator insight, June 9, 11:11 PM

 

Abino Penis Envy Magic Mushroom: 

Abino Penis Envy (APE) Magic Mushrooms are a unique and potent variety of the Psilocybe cubensis species, renowned for their strong psychedelic effects. In this comprehensive guide, we'll delve into everything you need to know about APE Magic Mushrooms, from their history and effects to cultivation and safety tips.

What are Abino Penis Envy Magic Mushrooms?

Abino Penis Envy Magic Mushrooms are a rare albino mutation of the famous Penis Envy strain. Known for their distinctive appearance and powerful psychoactive properties, these mushrooms have a whitish cap and a thick, robust stem. They are considered one of the most potent Psilocybe cubensis varieties available.

Origin and History

The original Penis Envy strain was reportedly developed by legendary ethnobotanist Terence McKenna. The albino mutation, known as APE, emerged later, offering an even more intense experience due to its high psilocybin content.

Unique Characteristics

  • Appearance: APE mushrooms have a unique appearance with a pale white cap and a thick, sturdy stem.
  • Potency: These mushrooms are known for their high psilocybin and psilocin content, making them significantly more potent than many other strains.
  • Growth: APE mushrooms are slower to grow but yield dense, meaty fruiting bodies.

Effects of Abino Penis Envy Magic Mushrooms

The effects of APE Magic Mushrooms are profound and can be life-changing. Users often report intense visual and auditory hallucinations, deep emotional introspection, and a sense of connection to the universe.

Common Effects

  • Euphoria: A heightened sense of happiness and well-being.
  • Visual and Auditory Hallucinations: Enhanced colors, patterns, and sounds.
  • Spiritual Experiences: Many users report a sense of oneness with the universe and deep spiritual insights.
  • Altered Perception of Time: Time may seem to slow down or speed up.

Dosage Guidelines

Due to their high potency, it is crucial to start with a low dose and gradually increase it as needed. Here are general dosage guidelines:

  • Microdose: 0.1 - 0.3 grams
  • Low Dose: 0.5 - 1 gram
  • Medium Dose: 1 - 2 grams
  • High Dose: 2 - 3.5 grams
  • Heroic Dose: 3.5 grams and above (not recommended for beginners)

Cultivation of Abino Penis Envy Magic Mushrooms

Cultivating APE Magic Mushrooms can be a rewarding but challenging endeavor. These mushrooms require specific conditions to thrive, and patience is essential.

Growing Conditions

  • Substrate: A nutrient-rich substrate like brown rice flour or rye grain is ideal.
  • Temperature: Maintain a temperature between 75-80°F (24-27°C) during colonization and 70-75°F (21-24°C) during fruiting.
  • Humidity: High humidity levels (90% and above) are crucial for successful fruiting.
  • Lighting: Indirect light is sufficient. A 12-hour light/dark cycle is recommended.

Step-by-Step Cultivation Guide

  1. Inoculation: Introduce spores to the substrate in a sterile environment.
  2. Colonization: Allow the mycelium to colonize the substrate, keeping it in a dark, warm place.
  3. Fruiting: Once fully colonized, expose the substrate to light and maintain high humidity to encourage fruiting.
  4. Harvesting: Harvest the mushrooms when the veil beneath the cap begins to tear.

Safety and Legality

Safety Precautions

  • Start Low: Due to their potency, start with a low dose to gauge your sensitivity.
  • Set and Setting: Ensure you are in a safe, comfortable environment with trusted individuals.
  • Stay Hydrated: Drink plenty of water before, during, and after your experience.
  • Avoid Mixing: Do not mix with other substances, especially alcohol or stimulants.

Legal Status

The legality of APE Magic Mushrooms varies by country and region. In many places, psilocybin mushrooms are classified as a controlled substance. It is crucial to research and understand the laws in your area before acquiring or consuming these mushrooms.

FAQs about Abino Penis Envy Magic Mushrooms

What are Abino Penis Envy Magic Mushrooms?

Abino Penis Envy (APE) Magic Mushrooms are a rare and potent variety of the Psilocybe cubensis species, known for their distinctive albino appearance and high psilocybin content. They are a mutation of the famous Penis Envy strain and are highly regarded for their intense psychedelic effects.

How do Abino Penis Envy Magic Mushrooms differ from other strains?

APE Magic Mushrooms are distinct due to their pale white caps and thick, robust stems. They are among the most potent Psilocybe cubensis varieties, offering stronger psychoactive effects compared to many other strains.

What are the effects of Abino Penis Envy Magic Mushrooms?

The effects of APE Magic Mushrooms can include intense visual and auditory hallucinations, deep emotional introspection, euphoria, spiritual experiences, and an altered perception of time. These effects are typically stronger due to the high psilocybin content.

How should I dose Abino Penis Envy Magic Mushrooms?

Due to their high potency, it's important to start with a low dose and adjust as needed. Here are general dosage guidelines:

  • Microdose: 0.1 - 0.3 grams
  • Low Dose: 0.5 - 1 gram
  • Medium Dose: 1 - 2 grams
  • High Dose: 2 - 3.5 grams
  • Heroic Dose: 3.5 grams and above (not recommended for beginners)

What are the best conditions for cultivating Abino Penis Envy Magic Mushrooms?

APE mushrooms require specific conditions for successful cultivation:

  • Substrate: Nutrient-rich substrates like brown rice flour or rye grain.
  • Temperature: 75-80°F (24-27°C) during colonization, and 70-75°F (21-24°C) during fruiting.
  • Humidity: High humidity levels (90% and above) are crucial for fruiting.
  • Lighting: Indirect light with a 12-hour light/dark cycle is recommended.

How long does it take to grow Abino Penis Envy Magic Mushrooms?

APE mushrooms typically take longer to grow compared to other strains. The entire process, from inoculation to harvest, can take several weeks. Patience and careful attention to environmental conditions are essential.

Are Abino Penis Envy Magic Mushrooms safe?

When used responsibly, APE Magic Mushrooms can be safe. It's important to start with a low dose, ensure you are in a safe and comfortable environment, stay hydrated, and avoid mixing with other substances. Always prioritize safety and be aware of the powerful effects these mushrooms can have.

Are Abino Penis Envy Magic Mushrooms legal?

The legal status of APE Magic Mushrooms varies by country and region. In many places, psilocybin mushrooms are classified as a controlled substance. It's crucial to research and understand the laws in your area before acquiring or consuming these mushrooms.

Can I use Abino Penis Envy Magic Mushrooms for microdosing?

Yes, APE Magic Mushrooms can be used for microdosing. However, due to their high potency, it's important to start with a very small amount (0.1 - 0.3 grams) to gauge your sensitivity and avoid any unwanted intense effects.

What should I do if I have a bad trip on Abino Penis Envy Magic Mushrooms?

If you experience a bad trip, try to stay calm and remind yourself that the effects are temporary. It can be helpful to have a trusted friend with you, stay in a safe and comfortable environment, and avoid sensory overload. If needed, seek professional help or contact a psychedelic support hotline.

Where can I find more information about Abino Penis Envy Magic Mushrooms?

For more detailed information and the latest updates on APE Magic Mushrooms, consider following reputable mycology resources, joining online communities, and consulting with experienced cultivators and users. Always rely on trustworthy sources for accurate and safe information.

Conclusion

Abino Penis Envy Magic Mushrooms offer a unique and potent psychedelic experience. Whether you are interested in their effects, cultivation, or historical background, these mushrooms are a fascinating subject of study. Always prioritize safety and legality when exploring the world of magic mushrooms.

For more detailed guides and the latest updates on APE Magic Mushrooms, consider following reputable mycology resources and communities.

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Impact of pandemic on wellbeing of the young and the economy must not be trivialised | Larry Elliott | The Guardian

Impact of pandemic on wellbeing of the young and the economy must not be trivialised | Larry Elliott | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - May 13, 2:05 AM
Mental health of young people is deteriorating, and shows up in employment data. More action is needed
Graham Watson's insight:

This Larry Elliott article highlights the external costs of the pandemic, arguing that these weren't factored in to assessments of the costs of the 2020 coronavirus pandemic.

 

He focuses in particular on the effects of the pandemic on the young, linking it to a rise in mental health problems and having an adverse effect on labour supply, with adverse macroeconomic consequences.

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‘Everyone cites Covid and Brexit’: number of UK businesses going bust rises 52% in two years | Small business | The Guardian

‘Everyone cites Covid and Brexit’: number of UK businesses going bust rises 52% in two years | Small business | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - January 6, 4:06 PM
Interest rate rises, inflation and skills and labour shortages all contributed to sharp increase in company insolvencies in 2023
Graham Watson's insight:

It's worth noting that the environment for small business appears to be markedly worse this year than it was two years ago, with a 52% rise in insolvencies since 2021, attributed to COVID and Brexit. 

 

However, as an inquisitive economist, I would always ask whether we can be certain that these are the causes? There is a school of thought that suggests that post-2008 and the global financial crisis and definitely post-COVID we've seen government prop up so-called zombie businesses and 2023 might simply be a year where more of them have been 'allowed' to fail.

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Londonpound's curator insight, May 7, 12:34 PM

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UK economy grew faster than estimated since Covid

UK economy grew faster than estimated since Covid | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.bbc.co.uk - September 30, 2023 5:33 AM
New figures show the economy has grown by 1.8% since the start of the pandemic, outpacing France and Germany.
Graham Watson's insight:

Yesterday saw another upwards revision of GDP, with the UK? economy now estimated to be 1.8% larger than it was prior to the pandemic, and even this year's growth figures have been revised upwards. 

 

Good news, albeit limited good news.

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The Guardian view on ‘unretirement’: older workers could help with labour shortages | Editorial | The Guardian

The Guardian view on ‘unretirement’: older workers could help with labour shortages | Editorial | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - August 21, 2023 4:09 PM
Editorial: Ministers need to better target policies to encourage economically inactive 50- to 64-year-olds back to work
Graham Watson's insight:

Tomorrow's Guardian's editorial looks at the ongoing labour problems facing the UK economy, not least after the COVID pandemic. Their suggestion is that the government needs to look at specific policies to attract the over-50s back into the workforce. 

 

Despite the seemingly glib suggestion that over-50s should be capable of delivering takeaways, the reality is that the approach needs to be broader than this because there are many reasons that contribute to people not returning to the workforce as was expected.

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Why does Britain have the worst inflation in the G7? - BBC Newsnight

From www.youtube.com - June 5, 2023 4:35 PM

The Bank of England is watching UK inflation carefully, and the latest official figures show that inflation slowed in April by less than expected to 8.7%.

Britain’s ‘core inflation’ - a measure which doesn’t include volatile components such as energy and food - is the highest of the G7 countries at 6.8% and is going in the wrong direction.

Nationwide building society has warned that rises in mortgage interest rates - closely tied to increases in the Bank of England’s rate that has been raised to try and control inflation - could hit the housing market.

So why is inflation in the UK so stubborn compared to similar countries? Newsnight’s Economics Editor Ben Chu reports.

Graham Watson's insight:

A Newsnight clip looking at why British inflation exceeds those of any other G7 country, with core inflation still 6.8% and still rising. So what factors contribute to this - and are they UK specific? 

 

Well, farming in the UK is necessarily limited by scale, and the cost of importing has undoubtedly risen post-Brexit. The cost of manufacturing, particularly in labour-intensive sectors previously  dependent upon migrant workers, is up as is the price of services, notably insurance. 

 

Is Britain back to being the 'sick old man of Europe'? It currently looks like it. Not least because of the lasting effects of COVID on the British workforce.   

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Ministers ignored red flags over Covid fraud, says former head of SFO | Economic policy | The Guardian

Ministers ignored red flags over Covid fraud, says former head of SFO | Economic policy | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - April 17, 2023 5:31 AM
Exclusive: Sir David Green suggests ‘prudence was thrown out the window’ as UK lost billions of pounds in pandemic business support
Graham Watson's insight:

Evidence of government failure? Or merely wasteful public spending? Either way the former head of the Serious Fraud Office is of the view that the ability of the government to keep track of public spending and counter fraud is being decreased by a number of factors, not least a lack of organisational capacity. It's very much in keeping with the theme of my current reading, Marianna Mazzucato and Rosie Collington's "The Big Con".

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The Guardian view on the budget: no easy fixes for a broken Britain | Editorial | The Guardian

The Guardian view on the budget: no easy fixes for a broken Britain | Editorial | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - March 11, 2023 3:58 AM
Editorial: Jeremy Hunt has little to offer a country battered by austerity and venal politics
Graham Watson's insight:

The Guardian take on the prospects for the Budget; little room for manoeuvre, little prospect of solutions. And for what it's worth, I agree with the notion that Trussonomics represented some sort of opportunity for a reset - as has the entire post-Covid era. We just haven't got the calibre of politician on either side of the House willing to embrace that opportunity.

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Bank of England could be forced to raise interest rates again, says policymaker | Interest rates | The Guardian

Bank of England could be forced to raise interest rates again, says policymaker | Interest rates | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - February 6, 2023 2:31 PM
Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine Mann
Graham Watson's insight:

A member of the MPC doesn't see much in the way of a silver lining, arguing that there are more upside risks to inflation than downside, and worries that the current high inflation might be getting entrenched. 

 

Catherine Mann also spoke out about the need for coherence in policymaking and highlighted Brexit as a contributory factor - thank God someone is prepared to start stating that rather obvious fact. 

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UK business activity drops at fastest pace in two years as cost rises bite | Economics | The Guardian

UK business activity drops at fastest pace in two years as cost rises bite | Economics | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - January 24, 2023 1:17 PM
High energy prices, rising interest rates and falling demand point to risk of recession, say analysts
Graham Watson's insight:

The latest PMI data suggests that business activity has contracted further, making a recession more likely. The service sector has seen its biggest squeeze since the second Covid-lockdown, seemingly largely as a result of higher energy prices. 

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Scooped by Graham Watson
Scoop.it!

Call for wealth tax as UK billionaire numbers up by 20% since pandemic | The super-rich | The Guardian

Call for wealth tax as UK billionaire numbers up by 20% since pandemic | The super-rich | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 19, 2022 5:47 AM
‘Sudden explosion of billionaire wealth’ at the expense of the rest of society is ‘grossly unjust’, says new report
Graham Watson's insight:

Another call for a wealth tax, with the Equality Trust noting that the number of billionaires in the UK has increased by 20% since the start of the coronavirus pandemic, as a result of government intervention to support the economy. 

 

There are calls for a package of measures, not least the abolition of non-dom status, and a concerted attempt to reduce inequalities of income and wealth.

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frankline's curator insight, January 24, 2023 8:23 PM

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Cost of living keeps depression rates above pre-pandemic levels, says ONS | UK cost of living crisis | The Guardian

Cost of living keeps depression rates above pre-pandemic levels, says ONS | UK cost of living crisis | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 6, 2022 9:20 AM
One in six adults experienced moderate to severe depressive symptoms last month, official figures show
Graham Watson's insight:

This appears to be this week's theme of choice - the impact of health on Britain's supply-side, as economists look for an explanation as to why the UK labour force has shrunk by 600,000 in the aftermath of the coronavirus pandemic. 

 

In this case, the ONS believe that one in six people demonstrated moderate to severe depression last month, and that is going to reduce the nations productive capacity, with all that entails. 

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Why are so many people leaving the workforce amid a UK cost of living crisis? | Richard Partington | The Guardian

Why are so many people leaving the workforce amid a UK cost of living crisis? | Richard Partington | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 5, 2022 2:30 AM
Business leaders fear Rishi Sunak is failing to grasp severity of situation and impact on economy
Graham Watson's insight:

Richard Partington looks at the current macroeconomic concern with the size of the UK labour force. Since the pandemic, the workforce has declined by 600,000 - students, early retirees, carers and the long-term sick.

 

This poses a number of problems for the UK economy: it necessarily limits growth and makes control of inflation tricky. This prompts some questions: why are people seemingly leaving the labour market at a time when it would seem that they should be staying in work to protect their real incomes? And how can the government entice people back to work?

 

I suspect that there aren't any easy solutions.

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BCC: Choppy times for firms must end, says lobby group

From www.bbc.co.uk - May 30, 4:17 AM
The British Chambers of Commerce has called on the next government to help firms deal with the EU.
Graham Watson's insight:

The British Chambers of Commerce have argued for a return to a more stable trading environment and closer relations with our trading partners in the EU. It would seem that there are, self-evidently, costs of Brexit. It's fascinating, though, to see that they stop short of calling for a reversal of Brexit.

 

I won't though. Brexit has been a disaster, but that's what you get when you allow a campaign based on lies to appeal to an audience of idiots.

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Budget 2024: UK economy is on the right track, claims Sunak

Budget 2024: UK economy is on the right track, claims Sunak | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.bbc.co.uk - March 5, 6:38 AM
The government is preparing for the Budget which may include tax cuts but also a squeeze on spending.
Graham Watson's insight:

Ha ha. All that high quality Economics teaching gone to waste: stagnant growth, an inability to tackle structural problems, declining public services and a rising tax burden don't strike me as an economy on track after 14 years of government. 

 

And yes, coronavirus has played a role but the extent to which there's been economic mismanagement, complacency and a lack of supply-side reform is, frankly, staggering. 

 

Indeed, we're so on track that tomorrow's Budget will, no doubt contain a couple of pre-election sweeteners (i.e. bribes) to distract the electorate from the state of the economy.  

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Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows | Inflation | The Guardian

Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows | Inflation | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 7, 2023 2:46 AM
Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
Graham Watson's insight:

It seems as though the global cost of living crisis allowed some of the world's largest MNCs to profit at consumers' expense, with research from thinktanks the IPPR and Common Wealth discovering that business profits rose by 30%, largely as a result of the actions of 11% of firms, among them energy firms, mining companies and commodity traders. 

 

This has led, rightly, to accusations of so-called greedflation - and, the thinktanks argue, has seen them gain at the expense of the ordinary consumer.  

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UK economy makes stronger recovery during Covid

UK economy makes stronger recovery during Covid | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.bbc.co.uk - September 1, 2023 11:07 AM
Revised official figures reveal that the UK grew at the end of 2021 rather than shrinking.
Graham Watson's insight:

There's been a massive revision of GDP figures at the end of 2021, with the Office for National Statistics now suggesting that instead of being 1.2% smaller than the pre-pandemic economy at the end of 2021, the UK economy was 0.6% bigger. 

 

It's also suggested that the size of the pandemic collapse and subsequent recovery have been smaller, and faster, respectively. That said, the UK's performance still is at the lower end of G7 nations, and nothing to write home about. 

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Economic ‘Bazball’ will have replaced UK’s safety-first approach to inflation and growth by 2025 | Larry Elliott | The Guardian

Economic ‘Bazball’ will have replaced UK’s safety-first approach to inflation and growth by 2025 | Larry Elliott | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - July 16, 2023 8:39 AM
Rishi Sunak used just-go-for-it route in Covid crisis but Treasury and Bank of England now play with straightest of bats
Graham Watson's insight:

Today's Observer piece by Larry Elliott draws parallels between the conduct of economic policy and Bazball, arguing that policymaking during the pandemic was the latter, and contrasting that with the orthodoxy of contemporary policy. 

 

He's also quick to point out that the slow response to inflation is likely to trigger a recession, but that in two years' time policy is likely to have reverted to the less orthodox.  

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The Bank of England was right, inflation has made us poorer. But whose fault is it? | Larry Elliott | The Guardian

The Bank of England was right, inflation has made us poorer. But whose fault is it? | Larry Elliott | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - April 30, 2023 3:09 PM
Central banks are keen to blame the surge in inflation on anyone but central banks
Graham Watson's insight:

Larry Elliott writes in the Guardian about the current bout of inflation and, rightly in my view, turns the tables on the Bank of England. Instead of asking for workers to show restraint in their pay bargaining, he wonders about the extent to which the Bank has to accept the blame for inflation as a result of the conduct of monetary policy during the pandemic. 

 

He suggests that the adoption of QE and the printing of money were inevitably going to stoke inflation at some point in time, and instead of concentrating its ire externally, there should be more soul searching closer to home. 

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Scooped by Graham Watson
Scoop.it!

Only 1% of £1.1bn lost in Covid business scheme recovered, report finds | Economic policy | The Guardian

Only 1% of £1.1bn lost in Covid business scheme recovered, report finds | Economic policy | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - March 24, 2023 4:45 AM
National Audit Office urges ministers to learn lessons of losses in England resulting from fraud and error
Graham Watson's insight:

The National Audit Office is highly critical of the government's attempts to recover money fraudulently granted by its COVID support scheme. It estimates that the £1.1bn recovered so far represents a mere 5% of the total granted. 

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Scooped by Graham Watson
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The price Britain paid for lockdown was colossal. Was there an alternative? | Larry Elliott | The Guardian

The price Britain paid for lockdown was colossal. Was there an alternative? | Larry Elliott | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - February 13, 2023 3:04 PM
Flirtation with recession, along with new era of austerity and stagnation are consequences of policy response to pandemic
Graham Watson's insight:

Larry Elliott writes a fascinating piece about the impact of the lockdown on the UK economy, arguing that the present stagnation, and many of its features, not least a rise in the number of people who are economically inactive, can be traced back to the impact of the lockdown on social attitudes. 

 

And yet - as he - and the authors of "The Covid Consensus" Toby Gree and Thomas Fazi - appear to acknowledge, there's been remarkably little reflection on the lessons that we might have learnt from this period. 

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Retirement boom among UK’s older workers creates economic headache | Economics | The Guardian

Retirement boom among UK’s older workers creates economic headache | Economics | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - February 4, 2023 11:47 AM
Wyre Forest in the West Midlands has seen a huge jump in the ‘economically inactive’, many of them affluent older people, but the dearth of workers is a real problem for employers
Graham Watson's insight:

The very real impact of more people opting for economic inactivity has implications for the economy as a whole as well as firms in specific locations. In this case, this Guardian piece looks at the area around Kidderminster, and notes there's been a sizeable leap in the number of people who have taken early retirement, and at the same time local firms are struggling to recruit workers. 

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The Guardian view on pandemic recovery: we have only just begun | Editorial | The Guardian

The Guardian view on pandemic recovery: we have only just begun | Editorial | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 28, 2022 3:59 PM
Editorial: The true costs of Covid – at both a personal and social level – are becoming clearer. What happened to building back better?
Graham Watson's insight:

This Guardian editorial looks at the fallout from the coronavirus pandemic and goes as far as to suggest that we are all "disaster survivors now."

 

From a economic point of view, there's some interesting angles to consider: the slow speed at which the UK economy has 'recovered', the impact on the labour market and the health service and the possibility that there are long-term scarring effects on other aspects of the economy that are going to stay with us for a generation or more. 

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Tax dodging and non-compliance during pandemic cost UK £9bn – NAO | Tax avoidance | The Guardian

Tax dodging and non-compliance during pandemic cost UK £9bn – NAO | Tax avoidance | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.theguardian.com - December 16, 2022 5:21 AM
HMRC moved 1,350 compliance staff due to Covid, National Audit Office says, and losses are expected to grow
Graham Watson's insight:

An interesting little footnote to the pandemic: with resources being shifted to COVID-support teams. the amount of tax evasion that occurred during the pandemic leapt by nearly £10bn, according to the National Audit Office. 

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How our High Streets changed over the Covid lockdowns

How our High Streets changed over the Covid lockdowns | Macroeconomics: UK economy, IB Economics | Scoop.it
From www.bbc.co.uk - December 6, 2022 2:07 AM
There are fewer banks and shops but beauty parlours have prospered, BBC analysis of data has found.
Graham Watson's insight:

This is a really interesting bit of economic geography, with BBC correspondent, Mark Easton, looking at how the High Street has changed post-coronavirus.. 

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