Weekly Summary
Concerns are increasing over the UK’s second wave and the government mulling new measures introduced, with Boris Johnson stating that he does not “want to go into bigger lockdown measures” but there may be a new three-tiered set of restrictions focussed on curfews, and reducing household-to-household contact.
It is encouraging to see that the OECD has revised its global growth forecast to show a less severe fall, as well as seeing positive investor sentiment returning to some areas but the scars left in employment will be an ongoing concern, particularly as the furlough scheme comes to an end next month.