We’ve released new analysis into the effect of #COVID19 on the UK hospitality industry.
Consumer spending in pubs and restaurants was still 36% below its pre-pandemic level at the end of June, according to new @RevolutApp data ow.ly/U7cR50FyDTa
@RevolutApp Confidence among licensed restaurants and pubs that they could survive the next 3 months fell between early April and early June
▪️ from 18% to 15% for restaurants
▪️ from 20% to 14% for pubs and bars
➡️ ow.ly/nQDh50FyDXr
@RevolutApp Expenditure by food and drink businesses in May remains at only 51% of its February 2020 level, according to @Vocalink data, being published by us for the first time today ow.ly/prE250FyE1v
@RevolutApp @Vocalink Commenting on our new data on #COVID19’s impact on UK hospitality, including after the re-opening of indoor dining, our Senior Economist Hugh Stickland said: (1/2)
Hugh Stickland continued: (2/2)
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