For our March 2021 Economic and fiscal outlook on 3 March 2021, we updated only the central forecast and framed it against the backdrop of the upside and downside scenarios we produced in November which remained a reasonable guide to the range of possible future outcomes. On 25 November 2020, we updated these three scenarios in our Economic and fiscal outlook. These reflected the economic and fiscal data up to 19 June and policy announcements up to 26 June. On 14 July 2020 we updated this analysis, presenting three scenarios in our Fiscal sustainability report. On 14 April 2020 we published an illustrative three-month lockdown scenario that assessed the potential impact of the coronavirus on the economy and public finances. For our March 2021 Economic and fiscal outlook on 3 March 2021, we updated only the central forecast and framed it against the backdrop of the upside and downside scenarios we produced in November 2020 which remained a reasonable guide to the range of possible future outcomes at the time. We then updated these scenarios in our November 2020 Economic and fiscal outlook on 25 November 2020. We produced an initial illustrative scenario to assess these effects on 14 April 2020 and developed this scenario analysis further in the Fiscal sustainability report on 14 July 2020. In addition to the impact of the coronavirus outbreak on public health and families’ wellbeing, the associated economic disruption and the policy measures put in place to support individuals and businesses will raise the budget deficit and public debt significantly.
The impact of the coronavirus outbreak and policy measures on the economy and public finances continues to be assessed in our regular core publications. This page brings together all coronavirus databases and analysis produced by the OBR on an ad-hoc basis or within our core documents between April 2020 and March 2021.
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