日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

June pause for the UK economy is recorded

By JONATHAN POWELL in London | China Daily Global | Updated: 2021-07-08 09:21
Share
Share - WeChat
A person exits Bank underground station in the City of London financial district in London, on June 11, 2021. [Photo/Agencies]

The economic recovery in Britain appeared to lose pace last month as COVID-19 infections increased and consumers spent less money in shops, bars and restaurants.

There are conflicting expectations how the end to lockdown in the United Kingdom, planned for July 19, will impact economic activity and business operations.

Consumer spending has been stronger in recent months, but economists say the declining trends may be due to the recent rise in infection rates.

Measures of economic activity, such as retail footfall, bank transactions and restaurants bookings, decreased throughout June, reported the Financial Times.

The FT report said Google mobility data for June showed visits to retail and recreation centers dropped after surging following the gradual easing of restrictions since January. It also noted that retail consultancy Springboard said retail footfall declined throughout June to 25 percent below June 2019 levels.

Consumer intelligence data from Morning Consult reveals that consumer confidence weakened in the second part of June and government data showed train usage declined.

Gabriella Dickens, UK economist at Pantheon Macroeconomics, told the FT that "most indicators suggest the recovery has paused for breath".

The likely July 19 end to COVID-19 restrictions, announced by Prime Minister Boris Johnson this week, could bring another boost to the economic recovery, say economists.

The policy change "should give the economic rebound new impetus over the summer", said Martin Beck, lead UK economist, at the consultancy Oxford Economics, quoted by the FT.

However, there are warnings that the reopening will mean a surge in virus cases that may hinder consumer spending.

Health Secretary Sajid Javid has admitted new cases could rise to 100,000 per day. This would force many people to self-isolate and hamper employers' business operations. Self-isolation rules are due to be lifted on August 16, nearly a month after lockdown restrictions end.

Any increase in the number of infections "will hold back the economic recovery", said Dickens.

The original reopening date in England had been scheduled for June 21, and the delay has had an impact on the economic recovery, said Maddy Alexander-Grout, chief executive at My VIP Card.

She told the FT: "People's confidence was hit once again and that translated very rapidly into reduced footfall on the high street."

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: a一级黄色片| 免费日韩网站 | 五月天社区 | 日韩av手机在线免费观看 | 日韩黄网 | 国产成人精品综合久久久久99 | 亚洲精品五月天 | 精品一二区 | 精品伊人久久 | 成人国产精品久久 | 黄色一级大片在线免费看国产一 | 这里有精品视频 | 99日韩精品| 91视频第一页 | 最新不卡av | 九九热最新 | 亚洲高清视频在线播放 | www.夜夜| 欧美精品入口蜜桃 | 91亚洲免费 | 人人爽爽人人 | 亚洲三级精品 | 超碰99在线观看 | 国产视频手机在线 | 91色国产 | 久久精品99国产精品日本 | 爱爱高潮视频 | 成人国产精品久久久网站 | 国产视频亚洲 | 欧美视频在线免费 | 三级天堂 | 一级特黄aaa| a天堂资源在线 | 亚洲人成人一区二区在线观看 | 国产麻豆精品久久一二三 | 欧美手机在线观看 | 成人18视频在线观看 | 在线婷婷 | 三年中国中文在线观看免费播放 | 亚洲国产视频网站 | 色久视频 |