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Shopping Centre and High Street Spotlight

UK Commercial – Q1 2021


Autoren: Mat Oakley , Marie Hickey , Joshua Arnold

Reihe: Savills Spotlight

Anbieter: Savills

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  • Berichtszeitraum: 1. Quartal 2021
  • Erscheinungsdatum : 27.04.2021
  • Seiten : 6 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 901,04 kB
  • Sprache(n) : Englisch

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A successful inoculation process and road map to reopening the economy has boosted the UK's consumer environment and outlook

Following the one-year anniversary of the initial UK lockdown, it's clear to see the long-lasting damage across the retail market caused by the pandemic. However, not all retail has been affected evenly and while headwinds do still persist, there are a growing number of reasons to be optimistic.

The successful vaccine rollout process across the UK has allowed the government to release a road map to reopening the economy, with perhaps the most important date for the retail diary being 12 April, when non-essential retail reopened.

A clearer picture of when other parts of the economy will begin to reopen, coupled with the expectation that this will be the final lockdown, has improved the consumer environment substantially. According to GfK's March consumer confidence survey, the index regarding general economic outlook for the next 12 months improved to -17, the highest level since October 2016.

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