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In the bleak midwinter

By: Series: Estates Gazette ; (0150) 15 December 2001, 54-57(2)Publication details: 2001Subject(s): Summary: Looks at the prospects for the retail and leisure sectors in the next few years in the context of the September 11 terrorist attacks and the resulting downturn in the economy. For example, central London in particular is suffering from the decline in tourist numbers; it is possible that 570,000 UK jobs will be lost in travel and tourism. The hotel sector is also experiencing a serious downturn but some analysts argue the war in Afghanistan is having a positive impact in some sectors of the economy. With short lists of towns where major developments are taking place and retail and leisure movements for 2002.

Looks at the prospects for the retail and leisure sectors in the next few years in the context of the September 11 terrorist attacks and the resulting downturn in the economy. For example, central London in particular is suffering from the decline in tourist numbers; it is possible that 570,000 UK jobs will be lost in travel and tourism. The hotel sector is also experiencing a serious downturn but some analysts argue the war in Afghanistan is having a positive impact in some sectors of the economy. With short lists of towns where major developments are taking place and retail and leisure movements for 2002.