As the Covid-related restrictions ease in most of the advanced economies, there is the sense of a gradual return to normal. Our economic update this year therefore turned to the question or what kind of economic recovery we might expect.
To guide us through a complex mix of economic data, we were joined by David Smith of The Sunday Times. He posed four initial questions:
- Can the strong recovery continue, or is it already showing signs of petering out?
- How worried should we still be about Covid, not just in the UK but internationally?
- How much will the cost of borrowing go up?
- Has Rishi Sunak done with tax hikes, or could there be more?
In addition, he answered some questions from the audience on related topics.
Catch up with these post meeting notes for a comprehensive summary of the meeting.