Connect with us

Popular World News

UK diners slump after Omicron hit, staff absences hit record By Reuters

Bank of Japan policymakers saw prospects of quicker recovery in April By Reuters


UK diners slump after Omicron hit, staff absences hit record By Reuters

© Reuters. FILE PHOTO: Empty tables are seen in a restaurant amid the coronavirus disease (COVID-19) pandemic in London, Britain, December 18, 2021. REUTERS/Peter Nicholls

By David Milliken LONDON (Reuters) -British restaurant reservations slumped last week when a wave of COVID-19 cases was near its peak, while COVID-related staff absences hit a record high, data published by the Office for National Statistics showed on Thursday. The figures underscored the impact of a surge in COVID-19 cases driven by the highly infectious Omicron variant and which hit a peak on Jan. 4. Cases have dropped 19% over the past week, giving some economists confidence that the economic damage caused by Omicron will be contained. Restaurant reservations in the week to Jan. 10 sank to 88% of their level for the equivalent week in 2020, before the start of the pandemic, from 134% the week before, according to figures from bookings company OpenTable published weekly by the ONS. Pubs and restaurants have not faced new COVID-19 restrictions in England – unlike in the rest of the United Kingdom – but many patrons have chosen to stay away. Some 44% of businesses in the food and hotel sector reported an increase in cancellations in December, rising to 64% for businesses in the ‘other services’ category which includes firms such as beauty parlours.
Separate Bank of England data on credit and debit card spending in the week to Jan. 6 – which are not seasonally adjusted – showed a fall to 82% of its February 2020 average from 86% the week before. Meanwhile, an ONS survey for late December, also published on Thursday, showed that private-sector businesses reported that 2.7% of their staff were absent because they had COVID symptoms or were isolating, the highest since comparable figures began to be collected in June 2020.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


To Top
error: Content is protected !!