1/
ft.com/content/35e187…
- lower VAT on hospitality
- staycations
means pubs, restaurants have been full especially on Mondays to Wednesdays
Data from @OpenTableUK
3/
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- ONS likely to add this to July and August data (because seasonal adjustment - don't ask)
4/
Success thereafter will depend on
1) Keeping virus under control
2) Degree of continued necessary social distancing
3) Consumer willingness to spend once incentives fall away
These are linked
ENDS