New national lockdown could cost the UK "10 per cent of GDP" per month

Regulation

New national lockdown could cost the UK “10 per cent of GDP” per month

5 January 2021

In the Media | Regulation

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Cost to economy of lockdown could be "price worth paying"

Julian Jessop quoted by The Times

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Julian Jessop quoted by Reuters UK

The new national lockdown announced yesterday by the Prime Minister could cost the UK economy about “10 per cent of GDP” per month, according to analysis by IEA Economics Fellow Julian Jessop.

Julian’s calculation was featured by Reuters UK in their write-up of the announcement.

Read the full article here.

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