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Gerard Lyons, Chief Economist at Netwealth, says: "The key issue is to unlock in the gradual and phased way… brings the economy back into life. And it allows both people and businesses to plan ahead."
Gerard Lyons, chief economic strategist at Netwealth writes: “A red, amber and green approach to unlocking is easy to understand, will mitigate the risk, gives people hope and allows firms to plan."
…Gerard Lyons, chief economist at wealth management firm Netwealth, said it would be better to unlock the restrictions in a way that makes economic sense, and “better to do it by sector than geographically because of that dominant role of London."
Dr Gerard Lyons is chief economic strategist at Netwealth… “In my view a traffic light approach – red, amber, green – is the best way to unlock the country and allow the economy to be revitalised, while ensuring the virus continues to be brought under control."
Dr Gerard Lyons, Chief Economic Strategist at Netwealth… "what is important right now is that the government gets money to people who need it through the furlough schemes it rolled out previously."
Dr Gerard Lyons, chief economic at Netwealth… A lockdown is necessary to limit the spread of the virus and save lives, but it is not feasible or practical to prolong it for too long. A long lockdown will wipe out large swathes of the economy."
Netwealth, a wealth manager, said that new general investment accounts — taxable accounts opened by new and existing customers that would not be boosted by the looming end of the UK tax year — were up 90 per cent in the first quarter of 2020."
Our analysis of the Netwealth data shows that older people’s wealth is concentrated among those aged between 65-74, rather than spread across our older population."
