It’s now cliché to say that 2020 has been unprecedented, but the COVID-19 crisis has turned the lives of billions of us worldwide upside down. From record-level UK government borrowing and a furlough scheme paying the wages of many workers, to society-wide lockdowns and a seemingly ever-shifting regime of tiers, 2020 is a year like no other.As we say goodbye to 2020 and ready ourselves for 2021, our Director Paul Johnson sits down with Stephanie Flanders, head of Bloomberg Economics and IFS alumna, to make sense of 2020 and see what we can learn from it going into the New Year.

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