The Government has published studies about the effect of Coronavirus on the UK economy. According to the latest Business Impact of Coronavirus (COVID-19) Survey (BICS), 30% of the workforce were on furlough, and 42% of businesses were topping up workers’ pay.
According to the latest Opinions and Lifestyle Survey (OPN), nearly half of all working adults (49%) had worked from home between 11 and 14 June 2020, an increase from 41% the previous week; this supplemented results from BICS, which showed that 5% of the workforce had returned from furlough leave between 18 May and 14 June 2020.
Between 5 June and 12 June 2020, the volume of online job adverts in wholesale and retail increased from 24.1% to 35.1% of their 2019 average, in anticipation of non-essential retailers reopening.
Overall, prices of items in the high-demand products (HDPs) basket remained stable between the week ending 7 June 2020 and the week ending 14 June 2020.
During the period 8 June to 14 June 2020, there was a moderate rise in the number of daily ship visits compared with the previous week.
From 16 March to 9 June 2020, the Department for Work and Pensions (DWP) has received 3.1 million individual declarations and 1 million new claim advances to Universal Credit.
June 22nd, 2020