Coronavirus: Economic impact
The pandemic has led to a severe recession. This briefing examines different aspects of the economic impact of the crisis to date and outlines the key issues for the economic outlook.
Documents to download
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The effect of leaving the EU on businesses in Wales (236 KB, PDF)
Summary
The UK’s exit from the EU has a number of implications for businesses in Wales. Four of the main channels through which impacts on Welsh businesses may potentially be felt are:
- UK-wide impacts on the state of the economy and growth prospects
- Changes to EU funding for businesses
- Trade with the EU
- Changes to EU regulations
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Debate packs are produced by the Commons Library quickly after the announcement of parliamentary business. They are intended to provide a summary or overview of the issue being debated and identify relevant briefings and useful documents, including press and parliamentary materials. More detailed briefings can be prepared for Members on request to the Library.
Documents to download
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The effect of leaving the EU on businesses in Wales (236 KB, PDF)
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Spring Budget 2021: Background briefing
Spring Budget 2021 which will take place on 3 March 2021. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.
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Coronavirus business support schemes: statistics
This paper collates data on the number of applications and total support provided under the UK Government coronavirus business support schemes. The attached excel spreadsheet allows users to view data by Parliamentary constituency.
