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A pint and a haircut

From 4th July, many of the fun parts of the economy will be able to throw open their doors. Pubs, restaurants, hotels, hairdressers, cinemas, galleries, and theme parks are among the businesses that will be emerging from lockdown. Social distancing will still be in force, but a new “1 metre plus” rule applies where it’s not possible to keep 2 metres apart.

Recovery has started

Other, more serious parts of the economy are starting to grow again* after the downturn. Manufacturing is on the up, and the services sector seems to have stopped falling. The IHS Markit index, which measures activity across the two, rose to 47.6 in June - far higher than economists expected. It only needs to peek above 50 to indicate overall growth.

Adviser comment: "While we’re seeing some growth in certain sectors, experts believe that the recent market volatility is not over. That means that we don’t currently expect to see steadily growing investment markets."

Want a job?

Choose your uni carefully. On average, 4% of 2018 uni leavers were unemployed 15 months after graduating. But some unis, including Bradford and London Met, had almost double those levels of grad unemployment. Others, such as Winchester and Robert Gordon, as well as Oxford, Cambridge, and LSE, saw just 2% of their graduates struggle to find work.

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