Changing the economic geography

By Paul Swinney | 08 March 2021

Last week’s Budget was perhaps the most important in a generation. After a year in which the UK’s economic output fell by record levels, millions of people lost their jobs even more were furloughed, the country was waiting to find out what our recovery will look like, and what shape the future economy will take.

Many people will no doubt be relieved that the chancellor averted a cliff edge by extending the furlough scheme, business support, and the £20 UC top up. These measures will be especially welcome in places that have been hit hardest by COVID-19. In Crawley for example, where the local economy’s reliance on aviation has left almost one in five workers on furlough and unemployment has risen at the highest rate in the UK.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Local economies Devolution Budget Coronavirus
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products