Andrew Hilton Economic Update: October

Oct 01, 2020, 03:31 PM
In the October edition of his monthly economic update, Dr Andrew Hilton, director and joint founder of the Centre for the Study of Financial Innovation, delivers his regular tour of the world’s major economic developments and outlook. This month, Dr Hilton takes a look at some the geopolitical vicissitudes causing instability across global markets, from sabre-rattling in Beijing to President Trump’s COVID-19 diagnosis and explosive tax return leaks. In the UK, with business investment and consumer spending falling, and unemployment rising, plainly a second wave of lockdowns would be crippling for the economy.