‘Bouncing Back Better’: Using data to navigate an uncertain future

FESCH.TV INFORMIERT:

In a 2020 pledge to level up the UK economy in light of the COVID-19 pandemic, the Prime Minister, Boris Johnson, has pledged to ‘Build Back Better’ to kickstart economic recovery and spur on growth. The so-called ‘New Deal for Britain’ would unlock spending on infrastructure and regeneration projects and fuel economic recovery across the UK.

Following the easing of the first lockdown restrictions in June 2020, the plan was simple: invest in the NHS, tackle the skills crisis, build new homes and invest in infrastructure and connectivity. But then the UK was caught up in the grip of a second wave. COVID-19 swept across England, Scotland and Wales catching – already struggling – businesses off guard and forcing the government and industry to rethink how it would ‘Build Back Better’ while confronting a new reality.

As we emerge from the second lockdown (correct at the time of writing) on 2nd December, questions must now be asked as to how we can better predict and plan for changes in demand and use of infrastructure and development.

CKDelta will be unveiling key metrics across transport, retail, tourism and trade to provide an up-to-the-minute snapshot of the state of the nation to help guide planning for the recovery. Using data from February 2020 to November 2020, CKDelta will provide a year-to-date view of demand for services and the nation’s travel habits to better equip decisionmakers with the knowledge needed to prepare for ‘the second recovery’.

Our industry-leading panel of experts will join us to delve deeper into how data can shape our approach to planning for the recovery. To ‘Build Back Better’, we must first understand how we can ‘Bounce Back Better’, taking the lessons learned from the summer and apply them to decisions made in 2021.