Covid’s impact on UK retail was worse than previously thought, according to new figures from the Office for National Statistics.
In the second quarter of 2022, the contribution of the retail sector to gross domestic product remained almost 15% smaller than in the final quarter of 2019, before the onset of Covid-19.
According to official figures, the UK is the only G7 country whose economic output is still below 2019 levels.
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Including:
Peter Bill on the “impending damnation of property portals”
Agency’s top team says firm will be more resilient now than in the GFC
Majority of boroughs did not start a single residential development in the first quarter of this year
The deals at Korol’s Mansel Court set a fresh benchmark at £56.50 per sq ft
