Article - Problems of Modern Economics

Efimova E. G.
Chair of World Economics, Department of Economics, St. Petersburg State University, PhD (Economics), Professor
Rekord S. I.
Head of the Chair of Global Economics and International Economic Relations, St. Petersburg State University of Economics, PhD (Economics), Professor
Konakhina N. A.
Assistant Professor, Higher School of Industrial Management, Peter the Great St. Petersburg Polytechnic University, PhD (Economics)
Maksakova O. A.
MA student, Chair of International Economics, St. Petersburg State University

Analysis of the impact of COVID-19 pandemic on car leasing in the UK (Russia, St. Petersburg)

The article provides an overview of approaches to the problem of leasing operations, describes the leasing mechanism in the UK, and analyzes the adaptation measures taken by leasing companies under the influence of the COVID-19 pandemic. The authors conclude that leasing companies have generally adapted to the new conditions and notes the significant role played by associations in the functioning of leasing in the UK.
Despite measures to mitigate the effects of the pandemic, the volume of contracts and their quantity are still decreasing. Advanced information technologies can transform the leasing industry and facilitate its growth.

Key words: United Kingdom, leasing companies in the United Kingdom, car leasing, COVID-19 pandemic, adaptation measures of leasing companies

Pages: 150 - 154

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