Our academic partners at Chicago Booth School of Business and Nottingham University have published their latest research into UK economic recovery in the second half of 2020. The research examines the economic impact across regions, highlighting the variations in consumer spending patterns and the unequal distributions of financial impact as a result of lockdown measures and other socio-economic factors.
Their findings show that “The recovery in consumer spending in the second half of 2020 is geographically uneven, with heavy weighting in the home counties around outer London and the South. Recovery is strongest in online spending in those commuter belt areas and places with high ownership of second homes.” (Economics Observatory, link below)
They found a high correlation between our data and data from Bank of England and the Office for National Statistics.
Fable Data support the work of academic partners, who use our data to further economic thinking and consider key issues related to social and economic policy. Fable Data is committed to improving the data available to research and government, to inform better decision making.
Download the report to read their insightful conclusions.
To see the full academic paper, click here.
For the Economics Observatory article, click here.