Self-isolation rules may have reduced GDP by 1%, IEA economist finds
23 February 2022
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In the Media
Julian Jessop comments for the Daily Express
23 February 2022
Tax and Fiscal Policy
19 November 2024
Julian Jessop comments for the Daily Express
Julian Jessop, IEA Economics Fellow, has commented for the Daily Express with his calculations of the economic impact of self-isolation rules.
Julian states that the decision to lift mandatory self-isolation is welcome and that the requirement to self-isolate “could still be reducing GDP by at least 1 percent, costing the economy £2billion every month.”
He added that “Businesses may be able to find temporary fixes to limit the damage, such as asking other staff to work longer hours.”
Read the full article here.
Julian states that the decision to lift mandatory self-isolation is welcome and that the requirement to self-isolate “could still be reducing GDP by at least 1 percent, costing the economy £2billion every month.”
He added that “Businesses may be able to find temporary fixes to limit the damage, such as asking other staff to work longer hours.”
Read the full article here.
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