Pubs, hotels and restaurants experienced fastest fall in output of any UK sector on Lloyds tracker
Tourism and recreation experienced the fastest fall in output of any UK business sector last month, the latest data shows.
Output in the sector, which includes pubs, hotels and restaurants, declined at the fastest pace since February 2021, when the UK was last in lockdown, with a tracker score of 36.3 in September, according to the Lloyds Bank UK Recovery Tracker. Any reading below 50 indicates contraction.
Pubs, hotels and restaurants experienced fastest fall in output of any UK sector on Lloyds trackerTourism and recreation experienced the fastest fall in output of any UK business sector last month, the latest data shows.Output in the sector, which includes pubs, hotels and restaurants, declined at the fastest pace since February 2021, when the UK was last in lockdown, with a tracker score of 36.3 in September, according to the Lloyds Bank UK Recovery Tracker. Any reading below 50 indicates contraction. Continue reading…