The reason I kept banging this drum during lockdown was because from talking to people I know and looking through my Facebook timeline, as well as gauging the general mood during lockdown, “pent-up demand” seemed to be an emotion felt in far, far greater numbers than “fear of COVID”. I’m very happy to have (potentially) been proven right so far, but I don’t want to be too certain, because I’m very fearful about what might happen later this year.Some positive news for the UK economy. Apparently we are experiencing....
“the sharpest rebound in economic growth among the G7 advanced economies, while retail spending has returned to pre-crisis levels.”
This has mostly been fuelled by the eat out scheme as well pent up demand for leisure and entertainment... Staycations and day trips benefitting UK leisure companies, such as theme parks.
I know that @Matt N was repeatedly suggesting this could be the case very early on during this crisis... So fair play to you Matt, it looks, for now, like you called it perfectly.
Not so good is the fact that lots of concern remains over jobs long term. :/