Back Issues of the West Midlands Weekly Economic Impact Monitor

WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “Back Issues of the West Midlands Weekly Economic Impact Monitor”

West Midlands Weekly Economic Impact Monitor – 27th November 2020

This week the Chancellor announced the Spending Review, the Office for Budget Responsibility (OBR) published its latest forecast and the Treasury has launched the new Green Book. The UK economy is expected to shrink by 11.3% this year – the largest fall in output for 300 years. Covid-19 will leave “long-term scarring” and the economy … Continue reading “West Midlands Weekly Economic Impact Monitor – 27th November 2020”

West Midlands Weekly Economic Impact Monitor – 13th November 2020

This week we see cases continuing to rise and the adjustment to Lockdown 2. In terms of wellbeing, nationally, people are feeling the least satisfied with life since March, they are suffering the largest drop in how they feel about the things they do in their lives, anxiety levels are on the rise and happiness … Continue reading “West Midlands Weekly Economic Impact Monitor – 13th November 2020”

Regional Economic Exposure of COVID-19 Measures: Shutting Down Hospitality and Recreational Activities

Dr Andre Carrascal looks at the impact the latest lockdown measures will have on sectors that have been forced to closed and how this will affect regions around the UK. People in the UK are again facing a national lockdown and, like at the end of March, some sectors are forced to close in order … Continue reading “Regional Economic Exposure of COVID-19 Measures: Shutting Down Hospitality and Recreational Activities”

West Midlands Weekly Economic Impact Monitor – 6th November 2020

This week Britain looks on course to enter a double-dip recession this winter, as business surveys show economic growth almost halted last month even before the latest England-wide lockdown was announced, according to financial data company IHS Markit. Business service activity rise is much softer than September, new orders have declined for the first time … Continue reading “West Midlands Weekly Economic Impact Monitor – 6th November 2020”

West Midlands Weekly Economic Impact Monitor – 30th October 2020

The context this week is one of rising infections across Europe and national and local restrictions and lockdowns. The Job Retention Scheme is ending this week and is replaced by a new scheme that aims to protect viable jobs in businesses facing lower demand over the next six months. Concerns about unemployment and redundancy continue. … Continue reading “West Midlands Weekly Economic Impact Monitor – 30th October 2020”

West Midlands Weekly Economic Impact Monitor – 23rd October 2020

This week we include the dashboard of indictors monitoring the economy. As would be expected, they reflect the current pandemic circumstances. Deaths from coronavirus are on the rise for the first time since May. Youth claimant counts are relatively stable but stand at 44k or 8.9% of 16-24 year olds (21k more than pre-pandemic). All … Continue reading “West Midlands Weekly Economic Impact Monitor – 23rd October 2020”

An Urban Transport Recovery Plan for the West Midlands

Welcome to REDI-Updates. REDI-Updates is a bi-annual publication which will get behind the data and translate it into understandable terms. In this edition, WM REDI staff and guest contributors will discuss some of the key topics when trying to understand the long-term economic impacts of the pandemic.  In this article, Dr Magda Cepeda Zorrilla looks at … Continue reading “An Urban Transport Recovery Plan for the West Midlands”

West Midlands Weekly Economic Impact Monitor – 16th October 2020

This week infections continue to rise globally. Rates are surging in countless countries across the globe, with cases in Europe accelerating notably. UK Prime Minister Boris Johnson has announced bars and pubs will be closed in the worst-hit parts of England in order to suppress the spread of the virus. Chris Witty, the Chief Medical … Continue reading “West Midlands Weekly Economic Impact Monitor – 16th October 2020”

West Midlands Weekly Economic Impact Monitor – 9th October 2020

This week cases continue to rise in the UK and death rates associated with covid19 are now also on the rise. Significant outbreaks are happening in the North West but as yet the West Midlands is not seeing the same increases. However business sentiment after a stronger summer, as reported regionally by business representative organisations, … Continue reading “West Midlands Weekly Economic Impact Monitor – 9th October 2020”