The economy of the United Kingdom is expected to fall by 35 percent in the second quarter of 2020, following the Coronavirus outbreak and closure of several businesses. According to the forecast the economy will bounce back in the third quarter of 2020, based on a scenario where the lockdown lasts for three months, with social distancing gradually phased out over a subsequent three-month period.
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This page is no longer updated. It has been superseded by the Business insights and impacts on the UK economy dataset page (see link in Notices). It contains comprehensive weighted datasets for Wave 7 onwards. All future BICS datasets will be available there. The datasets on this page include mainly unweighted responses from the voluntary fortnightly business survey, which captures businesses’ responses on how their turnover, workforce prices, trade and business resilience have been affected in the two-week reference period, up to Wave 17.
An October 2021 report examined the number of job losses in the out-of-home leisure economy due to the coronavirus (COVID-19) pandemic in the United Kingdom in 2020. According to the study's estimates, the food-led subsector suffered the most from within the out-of-home leisure industry, having lost roughly 241 thousand jobs in the first year of the pandemic.
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The indicators and analysis presented in this bulletin are based on responses from the new voluntary fortnightly business survey, which captures businesses responses on how their turnover, workforce prices, trade and business resilience have been affected in the two week reference period. These data relate to the period 6 April 2020 to 19 April 2020.
Early experimental data on the impact of the coronavirus (COVID-19) on the UK economy and society. These faster indicators are created using rapid response surveys, novel data sources and experimental methods.
Official statistics are produced impartially and free from political influence.
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Experimental results of the pilot Office for National Statistics (ONS) online time-use study (collected 28 March to 26 April 2020 across Great Britain) compared with the 2014 to 2015 UK time-use study.
Official statistics are produced impartially and free from political influence.
Collated set of UK socio-economic indicators from the Esri UK National Data Service. These have been made available for a limited period to support COVID-19 responses.This set of socio-economic data covers demographics, deprivation, household composition and unemployment. Sources are UK and England only including: MHCLG Index of Multiple Deprivation; ONS Population Estimates; DWP through NOMIS and 2011 Census where more up to date information is not available. The data is presented across a set of standard geographical areas from Lower Super Output Area (LSOA) to National.
An October 2021 report explored the impact of the coronavirus (COVID-19) pandemic on the cultural out-of-home industry in the United Kingdom between 2020 and the first half of 2021. The study showed that the night time economy suffered the most as a result of the pandemic, having experienced revenue losses of roughly 91 billion British pounds between March 2020 and June 2021. Meanwhile, the daytime economy lost approximately 36 billion British pounds in the same period. Overall, the cultural out-of-home industry lost over 136 billion British pounds across all sectors.
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These shipping indicators are based on counts of all vessels, and cargo and tanker vessels. As discussed in Faster indicators of UK economic activity: shipping (please see the related links), we expect the shipping indicators to be related to the import and export of goods.
In September 2024, the global PMI amounted to 47.5 for new export orders and 48.8 for manufacturing. The manufacturing PMI was at its lowest point in August 2020. It decreased over the last months of 2022 after the effects of the Russia-Ukraine war and rising inflation hit the world economy, and remained around 50 since.
An October 2021 study estimated the sector-wide job losses in the out-of-home leisure economy (OoHLE) in the United Kingdom due to the coronavirus (COVID-19) pandemic. Overall, the OoHLE suffered 589 thousand lost employment opportunities as a result of the pandemic. From within the OoHLe, 393 thousand jobs were lost in the night time economy (NTE) alone.
The government of the United Kingdom will spend almost 100 billion British pounds on policy responses to the Coronavirus pandemic in 2020/21, with it's job retention scheme being the most costly policy, at 42 billion pounds. While almost all the measures are aimed at securing the economy, the NHS is expected to receive an extra 10 billion pounds in funding during the pandemic.
Understanding Society, (UK Household Longitudinal Study), which began in 2009, is conducted by the Institute for Social and Economic Research (ISER) at the University of Essex and the survey research organisations Verian Group (formerly Kantar Public) and NatCen. It builds on and incorporates, the British Household Panel Survey (BHPS), which began in 1991.
Understanding Society (UK Household Longitudinal Study), which began in 2009, is conducted by the Institute for Social and Economic Research (ISER) at the University of Essex and the survey research organisations Kantar Public and NatCen. It builds on and incorporates, the British Household Panel Survey (BHPS), which began in 1991.
The Understanding Society COVID-19 Study, 2020-2021 is a regular survey of households in the UK. The aim of the study is to enable research on the socio-economic and health consequences of the COVID-19 pandemic, in the short and long term. The surveys started in April 2020 and took place monthly until July 2020. From September 2020 they took place every other month until March 2021 and the final wave was fielded in September 2021. They complement the annual interviews of the Understanding Society study. The data can be linked to data on the same individuals from previous waves of the annual interviews (SN 6614) using the personal identifier pidp. However, the most recent pre-pandemic (2019) annual interviews for all respondents who have taken part in the COVID-19 Study are included as part of this data release. Please refer to the User Guide for further information on linking in this way and for geographical information options.
Latest edition information
For the eleventh edition (December 2021), revised April, May, June, July, September, November 2020, January 2021 and March 2021 data files for the adult survey have been deposited. These files have been amended to address issues identified during ongoing quality assurance activities. All documentation has been updated to explain the revisions, and users are advised to consult the documentation for details. In addition new data from the September 2021 web survey have been deposited.
In March 2020, it was found that 33 percent of Brits think the government's response to the coronavirus (COVID-19) outbreak has been too focused on protecting the country's economy in comparison to people's health. On the other hand, 16 percent feel the government is giving too much emphasis to protecting people's health over the economy, but 42 percent believe the government has got the balance about right. For further information about the coronavirus pandemic, please visit our dedicated Facts and Figures page.
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United Kingdom recorded 24603076 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, United Kingdom reported 225324 Coronavirus Deaths. This dataset includes a chart with historical data for the United Kingdom Coronavirus Cases.
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Weekly estimates of personal well-being including anxiety and life satisfaction, and financial and work impacts from coronavirus (COVID-19) for the population and select sub-groups in Great Britain.
The United States has had the highest economic growth in the G7 since the start of the COVID-19 pandemic, with its economy 5.4 percent larger in the first quarter of 2023, when compared with the fourth quarter of 2019. By contrast, the United Kingdom and Germany have both seen their economies shrink by 0.5 percent in the same time period.
In April 2020, almost half of night-time economy sector businesses in the UK were receiving no support from landlords during the COVID-19 outbreak. Out of the share of businesses receiving rent relief, the most common option was deferred rent agreement with landlord, with 31 percent of the total number of respondents.
The economy of the United Kingdom is expected to fall by 35 percent in the second quarter of 2020, following the Coronavirus outbreak and closure of several businesses. According to the forecast the economy will bounce back in the third quarter of 2020, based on a scenario where the lockdown lasts for three months, with social distancing gradually phased out over a subsequent three-month period.