BR100 Increased By (1.46%)
BR30 Increased By (1.46%)
KSE100 Increased By (1.19%)
KSE30 Increased By (1.27%)
AGHA 7.88 Increased By ▲ 0.13 (1.68%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 58.00 Decreased By ▼ -0.66 (-1.13%)
BOP 34.59 Increased By ▲ 0.90 (2.67%)
CNERGY 10.86 Increased By ▲ 0.25 (2.36%)
CSIL 5.45 Increased By ▲ 0.15 (2.83%)
FCCL 54.65 Increased By ▲ 0.91 (1.69%)
FFL 16.82 Increased By ▲ 0.36 (2.19%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.47 Increased By ▲ 0.19 (2.61%)
KOSM 5.70 Increased By ▲ 0.06 (1.06%)
LOTCHEM 30.05 Increased By ▲ 0.40 (1.35%)
MLCF 97.45 Increased By ▲ 1.09 (1.13%)
NBP 206.50 Increased By ▲ 2.97 (1.46%)
NCPL 58.20 Increased By ▲ 1.35 (2.37%)
NPL 69.30 Increased By ▲ 1.99 (2.96%)
OGDC 321.90 Increased By ▲ 3.68 (1.16%)
PACE 10.80 Increased By ▲ 0.17 (1.6%)
PAEL 42.75 Increased By ▲ 0.98 (2.35%)
PIBTL 17.20 Increased By ▲ 0.39 (2.32%)
PPL 223.50 Increased By ▲ 3.33 (1.51%)
PRL 52.25 Increased By ▲ 3.20 (6.52%)
PTC 71.08 Increased By ▲ 1.07 (1.53%)
SSGC 29.62 Increased By ▲ 0.48 (1.65%)
TBL 9.89 Increased By ▲ 0.12 (1.23%)
TELE 8.93 Increased By ▲ 0.11 (1.25%)
TPL 17.48 Increased By ▲ 0.31 (1.81%)
TPLP 12.98 Increased By ▲ 0.47 (3.76%)
TREET 23.00 Increased By ▲ 0.41 (1.81%)
TRG 60.50 Increased By ▲ 0.28 (0.46%)
World

Omicron slams UK retail recovery: body

Published Updated
By

LONDON: Restrictions imposed in the wake of the Omicron coronavirus variant have "wiped out" much of a recent recovery enjoyed by UK bricks-and-mortar stores, the British Retail Consortium revealed Friday.

Much of the progress made in late 2021 "was wiped out in December as surging Omicron cases and new work-from-home advice deterred many from shopping in-store, particularly in towns and city centres", noted BRC chief executive Helen Dickinson.

"Nevertheless, while UK footfall saw a moderate decline compared to previous months, it remained above levels of other major European economies, as the country avoided some of the more severe restrictions implemented elsewhere," she added in a statement.

The number of shoppers visiting UK stores slid 18.6 percent in December compared with two years earlier, or before the onset of the coronavirus pandemic, according to the BRC.

"December footfall capped a challenging year for brick-and-mortar stores, which saw footfall down one-third on pre-pandemic levels," Dickinson added.

The UK, already among the worst hit countries in Europe by the pandemic with a virus death toll of nearly 150,000, has seen a fresh surge in cases owing to the arrival of the Omicron variant in late November.

In Britain, more than one in 20 people had Covid-19 in the week ending December 31 -- its highest infection rate recorded during the pandemic.

Despite the unprecedented numbers, Prime Minister Boris Johnson has opted not to introduce tougher restrictions in England, arguing the rising levels of hospitalisations and serious illness do not yet require more measures.

But other UK regions have tightened rules, with devolved governments in Edinburgh, Cardiff and Belfast all rolling out post-Christmas curbs on socialising and large events.

Comments

Comments are closed for this article.