A new report by the Legatum Institute provides a proof of concept for a holistic assessment of the impact of Covid-19 and the Government’s policy responses.

The framework is based on the methodology of the Legatum Prosperity IndexTM, which analyses the drivers of prosperity around the world;

Assesses the impacts of Covid-19 across a range of factors including:

  • Direct health effects associated with mortality and illness from the virus itself.
  • Indirect physical and mental health effects associated with changes in health service and care system provision, and behaviour and health impacts that are related to the pandemic but are not caused by the virus itself.
  • Economic effects associated with lost economic output, incomes, and productivity.
  • Education effects associated with school closures and disruption to the provision of education in other settings.
  • Wider impacts that can cover a multitude of areas where the pandemic and people’s responses to it (in terms of chosen or enforced changes in behaviour) lead to impacts on wellbeing.
  • Looks at both short- and long-term impacts; and
  • Presents results in a way that allows the impacts across these different areas to be considered together.

CEO of the Legatum Institute, Baroness Philippa Stroud, said:

“Covid-19 has fundamentally impacted all of us; through our health, our relationships, and our livelihoods. As we approach Christmas, we must not forget that many families will be remembering loved ones who have passed during the pandemic.

“We must also remember that the costs of the pandemic and the Government’s responses to it will have long-term consequences for the health, livelihoods, and wellbeing of individuals and families right across the UK. This means it is essential that policymakers are making decisions with the right tools and information at their disposal to understand the impact of the different options available.

“Best practice for Government policy decisions is to undertake an impact assessment, to identify the assumptions and trade-offs being made that are inherent in a given area of policy. But there is currently no public evidence that such a tool exists and is being used. This leaves policymakers and politicians facing the unenviable task of weighing up many conflicting issues, under a large degree of uncertainty and with very large consequences at hand.

“The proof of concept outlined in this report shows that this does not need to be the case; delivering this sort of analysis is possible. We do not claim that this proof of concept provides a definitive judgement on the efficacy of the decisions taken at any point since the start of the Covid-19 pandemic, or the answer for the difficult decisions that will come next. But the framework does clearly show the value of taking on and further developing this sort of tool. Building on this framework and developing the approach further would make it more likely that Government policy truly delivers the best overall outcomes for families and communities across the UK. It also provides a way for policymakers and politicians to communicate the evidence behind, and build public trust in, the choices being made.”

Impacts of Covid-19 and Government responses to date

Using the framework to assess the period between 21st March and 4th November 2020, the report identifies a wide range of short- and long-term impacts on people and families across England. These include:

  • More than 50,000 people in England had lost their lives to the virus.
  • More than 100,000 people could be impacted by ‘long-Covid’.
  • The estimated combined loss of economic output over the short- and long-term was valued at £550bn.
  • There had been more than 150 days of significant disruptions to schooling, leading to short- and long-term impact on learning and opportunities.
  • There had been a 17% increase in average anxiety scores.
  • There had been a 5% reduction in average life satisfaction scores.

Overall, the report finds that the short and long-term impacts on health, the economy, and society between 21st March and 4th November resulted in a hit to wellbeing in England worth close to £800bn, based on the Treasury’s standard conversion factor of £60,000 for one Quality Adjusted Life Year.

Between 5th November and 2nd December, during the English national lockdown, there was an additional hit to wellbeing worth nearly £90bn.

Director of Policy at the Legatum Institute, Dr Stephen Brien, commented:

“Without the action of Government, there is no doubt that more people would have died as a result of the pandemic this year. However, our report shows that this action to limit the short-term deaths from the virus has come at a cost. Alongside the economic impacts of restrictions on mobility, work, and social mixing, the cost includes the cancellation of other medical procedures, the mental health impacts of social isolation and reduced incomes, and the long-term mortality impacts associated with economic crises and recessions.

“Although it is hugely challenging, Government policy should look to consider all of these impacts and follow a path that is most likely to lead to the best overall wellbeing outcomes across the UK.

“This report shows that a holistic impact assessment tool can be developed to help policymakers make these incredibly difficult decisions. As with all impact assessments, results come with assumptions, uncertainties, and a range of scenarios. In this respect, a tool such as this does not on its own provide the answer to difficult policy questions, but it does provide invaluable input by allowing the range of issues to be considered in a consistent way. It also ensures that assumptions are surfaced and made more transparent – and in doing so it can help broaden the range of options considered.

“This work has demonstrated the importance of differentiating the question of what is the right level of mobility and mixing from the question of what are the most appropriate policies to achieve it, including public information, guidance, and regulations. It has also shown the necessity of conducting and regularly updating impact assessments at a local level, as the difference in underlying infection growth rates, demography, and employment patterns means that the level of mobility and required policy response vary significantly across the country.

“Following the publication of this report we are calling for Government to do three things: 1) to adopt and develop the proof of concept and use it to inform future policymaking with regards to Covid-19; 2) to establish and publish a mobility index, showing the overall level of the public’s movements and social interactions and how these vary in different localities, which can help the public understand how much to reduce their mobility; and 3) to use the framework and mobility index, alongside existing information on localised infection rates and hospital capacity, to determine appropriate responses at a local level.”

You may also be interested in these articles:

Sponsored Video

Register, Login or Login with your Social Media account:


Upcoming FE Events

Advertiser Skyscrapers

Newsroom Activity

Floyd Woodrow has a new avatar. 10 hours 33 minutes ago

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In Jan 2021, FE News had over 173,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector, putting us in the top 2,000 websites in the UK.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.


We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.


FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page