It’s back! Our economy has now pretty much re-opened, so how is it going?

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Anne Marie Waters, Tuesday July 7th 2020

It’s back! Our economy has now pretty much re-opened, so how is it going? The short answer is: mixed (again).

The re-opening of pubs and restaurants (and others) on July 4th did not deliver the economic boost that was hoped. High street footfall for that weekend was still down by almost half compared to the same weekend last year. In response, and with the end of the furlough scheme looming large, the British Retail Consortium (BRC) has asked Chancellor Rishi Sunak to take action to boost consumer demand. According to Sky News, the BRC urged the government to “act fast to protect the three million retail jobs, as well as millions more throughout the supply chain”.

https://www.forbritain.uk/2020/07/07/state-of-the-economy-fragile/



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