Having watched the Parliamentary debate on #Lockdown2, #Boris gave a poor defence of his policies. We need better to win public confidence in these new restrictive measures.
Andrew Sentance Mon 02 Nov 2020 17:52

I lost confidence in the #Boris gov’t a long time ago. But now I have lost confidence in the House of Commons. No serious scrutiny of the Lockdown and Boris just blisters his way through. #nodemocracy
Andrew Sentance Mon 02 Nov 2020 17:07

Watching #Boris at the Despatch Box today, he is all blunder and bluster. How anyone can take any confidence while he is in charge I do not know. Public confidence in and adherence to restrictive measures is a key issue. But nothing this gov’t does helps on that front.
Andrew Sentance Mon 02 Nov 2020 16:47

RT @CambridgeEcon: Our China #netzero analysis still attracts media attention, this time from China Global Television Network - @JamieOwenN…
Andrew Sentance Mon 02 Nov 2020 15:17

RT @CambridgeEcon: Our Senior Adviser Andrew Sentance @asentance featured in @prospect_uk on negative interest rates https://t.co/CpUwxBmn…
Andrew Sentance Mon 02 Nov 2020 15:17

So #Boris snubs the business community again by cancelling his appearance at the #CBI conference. He needs businesses on board so we can weather the lockdown. But he is not prepared to front up to a potentially critical audience.
Andrew Sentance Mon 02 Nov 2020 14:32

I’m fed up with politicians playing party politics with #Coronavirus. We need a cross-party Commission to steer policy in this area, with representatives from businesses, the TUC and the health community. That is the only way we can rebuild public confidence in the measures taken
Andrew Sentance Mon 02 Nov 2020 14:17

Based on what happened in April/May in #Lockdown1, it looks like UK GDP will drop 8 percent or so in November as a result of #Lockdown2. However, this is a loss of around 17 percent of GDP on a year ago. All of this inflicted by government policy - not by the pandemic itself. https://t.co/pLoiIPdb1K
Andrew Sentance Sun 01 Nov 2020 20:01

RT @kien1974: A reminder that SAGE concluded the closure of non-essential retail would have "very minimal impact" on R. But as @asentance,…
Andrew Sentance Sun 01 Nov 2020 16:51

Churches and other places of worship are once again being closed under #Lockdown2. Is there any evidence anyone has been infected with the #Covid virus in the UK in recent months by attending a church service?
Andrew Sentance Sun 01 Nov 2020 11:06

Michael Gove is on @RidgeOnSunday talking as if #Lockdown2 ends on 4 December. In fact it is due to end on Wed 2 December. If senior gov’t ministers don’t know the details of their own policy, what hope have the rest of us got?
Andrew Sentance Sun 01 Nov 2020 09:01

Retail, hospitality, transport and entertainment are the sectors most affected by #Lockdown2. If output in these sectors falls back to April levels in November, UK GDP will be about 8 percent below August and 16 percent below the pre-pandemic level. A big hit to UK #GDP.
Andrew Sentance Sat 31 Oct 2020 20:10

Quick calculation suggests that #Lockdown2 will cut UK GDP in November by around 8 percent relative to August (the latest monthly figure we have). This means a 16pc loss of GDP compared with Feb 2020, before the first Lockdown. Not as bad as -25pc in Apr/May but still a big hit.
Andrew Sentance Sat 31 Oct 2020 20:00

RT @LondonMoneyFS: What do you want save ? #lockdownUK #Lockdown2 #lockdownchristmas
Andrew Sentance Sat 31 Oct 2020 14:15

RT @JonNeale: @FrancescaBowbr2 @asentance I’m not saying that a lockdown is not needed. Just that the trade off is not money v lives lost,…
Andrew Sentance Sat 31 Oct 2020 13:25

RT @DuncanWeldon: I am not an epidemiologist. But does a lock down to “save Christmas” make any sense? Surely the strategy isn’t “suppress…
Andrew Sentance Sat 31 Oct 2020 13:15

Discussion of another lockdown in the UK raises the question “who runs the British economy?” - the Chancellor of the Exchequer, or a bunch of health professionals on a group called SAGE? The first lockdown cost 25 percent of GDP. Are we going to have to pay the same price again?
Andrew Sentance Sat 31 Oct 2020 12:10

If we have another national lockdown, let’s hope UK gov’t doesn’t try to shut down “non-essential” retail or restrict supermarket sales of “non-essential” items, as in Wales. Consumers not gov’t should define what is essential, which varies according to individual circumstances.
Andrew Sentance Sat 31 Oct 2020 11:35

RT @HectorPollitt: One reason why East Asian countries are announcing #NetZero targets is reduced fossil fuel dependence could benefit thei…
Andrew Sentance Wed 28 Oct 2020 18:12

The second C-virus surge continues to gather momentum. For the second day in a row, UK deaths linked to #Coronavirus are above 300. Nearly 25,000 positive cases have been recorded in the past 24 hours. Nearly 10,000 hospital patients - highest since mid May.
Andrew Sentance Wed 28 Oct 2020 16:52

RT @BruceReuters: "Fundamentally, this is a classic case of optimism bias. The hope that the summer pause in the pandemic would last was un…
Andrew Sentance Wed 28 Oct 2020 12:37

RT @rboyle: More than six months into the crisis, the Q3 results for the big US airlines provide some perspective on how the industry is co…
Andrew Sentance Tue 27 Oct 2020 19:01

What do the following car registrations have in common: NHK 295M and 248 RPA?
Andrew Sentance Tue 27 Oct 2020 18:06

Hotel California - great album! https://t.co/8OjFiXCJl6
Andrew Sentance Tue 27 Oct 2020 11:21

RT @TimHarford: On the problem of demanding "lockdowns" or fulminating against "lockdowns" without agreeing what "lockdowns" means: https:/…
Andrew Sentance Tue 27 Oct 2020 08:51