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Our economy

Our economy

The economic impact of COVID-19 is being looked at by a number of UKRI-supported activities. Economists are working with the government to safeguard people’s livelihoods, as well as their lives. The ESRC is funding research into some of these urgent areas.

The ESRC-funded Institute for Fiscal Studies is releasing regular reports into the impacts on different aspects of the UK economy.

The ESRC and Innovate UK-supported Enterprise Research Centre (ERC) is publishing reports on the impact on businesses. New data from the ERC describes the UK economy as facing a 'pincer movement' due to the coronavirus pandemic, with more companies going out of business and fewer new firms appearing.

See also our page on Recovery and rebuilding.

Boundless Creativity: Culture in a time of COVID-19

The Arts and Humanities Research Council (AHRC) has announced Boundless Creativity, a major new campaign created in response to the COVID-19 pandemic.

Boundless Creativity will pioneer new ways in which culture can thrive in a digital age by working with the UK’s leading arts organisations and creative businesses to create ambitious and ground-breaking projects.

From bringing immersive experiences into people’s front rooms to offering some of the country’s most famous art collections online or offering the chance to “work” in Wallace & Gromit’s new odd job company, Boundless Creativity projects will help speed up the development of new and exciting ways of engaging, entertaining and educating audiences, not just in the UK, but around the globe.