Recovery in UK tourism outpaced global average last month

Sep 21, 2020

Recovery in UK’s tourism and recreation industry outpaced global average last month

Recovery in the UK’s tourism and recreation industry outpaced the global average last month, Lloyds Bank has found. 

Activity in 13 of the 14 UK sectors tracked by Lloyds picked up faster than the international benchmark. 

Boost: Activity in 13 of the 14 UK sectors tracked by Lloyds picked up faster than the international benchmark

Boost: Activity in 13 of the 14 UK sectors tracked by Lloyds picked up faster than the international benchmark

But there are fears that the UK’s recovery could stall this month, amid fears of a second wave, the new ‘rule of six’ and the end of the Eat Out to Help Out scheme which boosted restaurants in August. 

Jeavon Lolay, from Lloyds Bank Commercial Banking, said: ‘Other European countries have already experienced a slowdown as they navigate further outbreaks of Covid-19 and additional measures to stop the pandemic’s spread.’

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