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79 November, 2020 United Kingdom Global: 5 Availability: 6 Cost: 26 Regulation: 13 Productivity: 18 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 2 Availability: 4 Cost: 11 Regulation: 9 Productivity: 5 Remote Readiness 6 Remote Readiness 7 $241 billion USD has been spent in response to the Covid-19 pandemic. Approximately an eighth of this has been spent in the healthcare sector. The main economic policies include: • Job Retention scheme to subsidise the wages of furloughed staff • Support for the self-employed • Paid sick leave • Grants for SMEs particularly in the hospitality and retail sectors • Incentives for hiring unemployed youth • Tax relief for specific sectors and businesses required to shut down during lockdowns https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 • A 14 day quarantine is required for all arrivals who are not from 'travel corridor' countries or Ireland. There are some alleviations for business travellers. • Face masks are mandatory in enclosed public spaces. • Although schools are open, there are different rules for non-essential shops and services based on region. 9.2% 4.7% 0% 20% United Kingdom Regional Ave. % of GDP United Kingdom Q4 2019* Q4 2020* % Change YOY Total Workforce 33.91M 34.13M +1% Unemployment Rate (%) 3.8% 4.8% +26% Unemployed Workers 1.29M 1.64M +27% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://www.ons.gov.uk