[LiveMint] According to the Bank of England’s Chief Economist, the UK economy is ready to spring up once the restrictions are lifted completely
The British economy, similar to many other countries, has taken a direct hit due to the numerous lockdowns since last year, that helped the nation tide over the raging Covid-19 pandemic. Now, as the nation is planning to open up again, various sectors will get a chance to make up for the losses.
One of the most affected industries in UK is the pub sector, which often saw a complete halt in business during lockdowns. A British website called Company Debt has figured out the exact amount which the sector will need in order to revive from the slump. Taking a step further, it informed British citizens that they will have to step up their drinking game this summer in order to revive the pub sector. According to the site that provides financial advice, every adult in the country will have chug down 124 pints of beer this year to help the sector stand on its feet again |