Report on economic impact on uk of some domestic and global events





The UK’s government is undertaking a study to understand the economic impact of some domestic and global events. You have been contacted as a consultant of the business environment to present a report to the government by answering the following questions.

1. Using the circular flow of income, explain the main impacts of lockdown on the UK’s economy.

(Approximately 500 words)

2. What are the (likely) impacts of the ongoing war in Ukraine on the UK’s economy? Consider both the short-term and long-term economic impacts.

(Approximately 500 words)

3. What economic recommendations if any can be provided to the government of UK to remedy any negative effects of the war in Ukraine on the UK’s economy?

(Approximately 1000 words)

3. What economic recommendations if any can be provided to the Central Bank of UK to remedy any negative effects of the war in Ukraine on the UK’s economy?

(Approximately 500 words)

Notes to Students

Provide Introduction to the report (150 words), Conclusion to the report (150 words) and Recommendations (200 words)




3000 words



Please note the following when completing your written assignment:

  1. Writing:      Written in English in an appropriate business/academic style
  2. Focus:      Focus only on the tasks set in the assignment.
  3. Format:      Report
  4. Ensure a clear title, course, and name or ID      number is on a cover sheet and a bibliography using Harvard referencing throughout      is also provided.
  5. Research:      Research should use reliable and relevant sources of information e.g.      academic books and journals that have been peer reviewed. The research      should be extensive. 

All referencing should be in Harvard style. 

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