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The measures taken after the 2008 financial crisis have protected the economy but how much can the UK take? Hélène Rey, Lord Raj Bagri Professor of Economics and Paolo Surico, Professor of Economics join Elias Papaioannou, Co-Academic Director of the Wheeler Institute, to consider some of the biggest economic challenges.
Paolo Surico surveys the condition and characteristics of the small businesses that employ most of the UK’s workforce – their vulnerabilities and the areas where government policy can make the biggest difference. Hélène Rey sets out her concerns around the potential long-term and scarring effects of mass unemployment and bankruptcies. She also suggests ways to counter some of the worst-case scenarios.
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