Looking to book a nice meal-out, UK holiday or even a pint down the pub? Good luck with that. In fact so strong is consumer pent up demand, that Andy Haldane (Bank of England Chief Economist) reckons there will be a ‘rip-roaring’ recovery later in 2021. As households splurge on ‘much-missed’ experiences using the £150bn of extra savings they’ve squirreled away over the last 12 months. This optimism is also feeding through into the jobs market (see below), house prices, bank stocks and equities. ....
31 Mar 2021
Leading indicators all point towards major rebound
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Leading indicators all point towards major rebound
Gattaca plc (GATC:LON) | 92.0 -2.8 (-3.2%) | Mkt Cap: 29.0m
- Published:
31 Mar 2021 -
Author:
Paul Hill -
Pages:
11
Looking to book a nice meal-out, UK holiday or even a pint down the pub? Good luck with that. In fact so strong is consumer pent up demand, that Andy Haldane (Bank of England Chief Economist) reckons there will be a ‘rip-roaring’ recovery later in 2021. As households splurge on ‘much-missed’ experiences using the £150bn of extra savings they’ve squirreled away over the last 12 months. This optimism is also feeding through into the jobs market (see below), house prices, bank stocks and equities. ....