"Prime Minister Boris Johnson announced at a press briefing last evening that his Roadmap to Recovery remains on track and the opening of non-essential retail, leisure and hospitality outlets will take place on April 12th.
The lifting of restrictions will take place next Monday and it is expected that there will be a significant rise in activity confidence and spending as the country emerges, hopefully for the last time from full lockdown measures.
The economy is expected to reach its pre-covid level of GDP growth by the start of the fourth quarter, but it remains to be seen how resilient growth will be once the initial surge to satisfy pent-up demand.
The coming months will be the acid test for the retail sector, particularly bricks and mortar shops. Two of the largest chains, Debenhams and John Lewis will bring significant change to the High Street. John Lewis has announced that not all their stores will reopen while Debenhams is set to disappear entirely.
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