Government inaction on long COVID could cost billions

There are now more than a million workers missing from the workforce compared to pre-pandemic figures, according to a report published by the IPPR think tank.

About 400,000 of these are no longer working because of health factors relating to the pandemic, including long Covid, according to the IPPR.

The report suggests that unresolved, this 'will drag down economic activity this year by an estimated £8 billion'.

The nation's health affects the economy in more ways than keeping workers away from their jobs.  Poor health can affect productivity and promote chronic stress. Inhabitants of economically deprived areas of the country show poorer health, have fewer job opportunities and tend to be paid less.

Dame Sally Davies, co-chair of the Commission on Health and Prosperity, said:

'A fairer country is a healthier one, and a healthier country is a more prosperous one. While the restrictions have eased, the scars of the pandemic still remain deep on the nation's health and our economy.

'Not only are we facing a severe cost of living crisis, driven in part by pandemic induced inflation, we're also experiencing a workforce shortage driven by poor health that's holding back the economy. It has never been more important to put good health at the heart of our society and economy – and our commission will bring forward a plan to do just that.'

Internet link: IPPR website

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2022 Manningtons. All rights reserved. We use cookies on this website, you can find more information about cookies here.

Manningtons, 8 High Street, East Sussex, Heathfield, East Sussex TN21 8LS | powered by totalSOLUTION
Battle Office, 39 High Street, Battle, East Sussex TN33 0EE

This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.

Registered to carry out audit work in the UK and regulated for a range of investment activities by The Institute of Chartered Accountants in England and Wales. Our registration number is C001366129 and details can be found on www.auditregister.org.uk. Also practising as Manningtons Ltd. Company No. 04988891 Registered in England & Wales at the above address.