In the early months of Covid-19 lockdown, economic activity in the UK saw a collapse unprecedented in its speed and scale – a fall in GDP of around a quarter in a matter of weeks. Early on many economists predicted that this collapse would be followed by a bounce-back and a ‘v-shaped’ recovery. The hopes for that have diminished as the extent and endurance of the economic crisis are becoming more apparent. However, a range of more recent indicators have suggested a significant pick-up in activity which could surprise some on the upside.
How do leaders and businesses make sense of it? Are we on track or behind? And what do these movements mean for our collective economic wellbeing?
To explore what is happening, and where we might be headed, Charlotte Street Partners is delighted to invite you to a discussion in conversation with the chief economist at the Bank of England, Andy Haldane. Among the most important professional economists of his generation, he has been one of the strongest analysts suggesting things are not as bleak as many think. He gave a speech last month entitled ‘Avoiding Economic Anxiety
‘ and we are pleased to say he has agreed to bring that more hopeful call to bear for this event.
The discussion will take place via Zoom webinar on Tuesday 27th October 2020 at 2.45pm. Speaking with Andy will be our creative director, Harriet Moll, who will pose some short introductory questions before chairing the audience Q&A. We expect to have finished proceedings by 3.45pm.