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Impact of Covid-19 on the UK Economy
The topic for discussion was the impact of Covid-19 on the UK economy. The discussions were centred around the following questions:
• Are there any signs of consumer demand being lower than pre-Covid after lifting lockdown restrictions?
• Are we seeing any scarring to capacity e.g. bankruptcies?
• Have international supply chains been damaged? Are there signs of firms “re-shoring” production?
• How sustainable is the debt businesses have acquired? Are there signs of it weighing on recovery?
• Are any firms or sectors seeing potential expansion or efficiency gains from the pandemic e.g. from automation or government stimulus?
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