UK highstreet beats EU and leads way with economic recovery | City & Business | Finance

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Other factors explaining the marked difference between the UK and other European countries may also lie in the vaccine programme and the impact of Brexit.

Danni Hewson, AJ Bell financial analyst, said: “While the UK was quick off the mark to get its vaccination programme underway many other European countries dragged their feet.”

“It meant the UK consumer was quicker to feel a boost to confidence which enabled them to return to old habits like hitting the high street.”

“UK retailers also played their part, retaining customers during lockdowns by beefing up their online offer and drawing people back into store with clever marketing and an easy mix of on and offline shopping.”

“There has been a Brexit effect with some consumers deciding to buy British rather than dealing with costly delivery charges or a long wait for items to negotiate the supply chain.”





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