CORONAVIRUS

Coronavirus: Hospitality and retailers hit for six by latest diktat

The new rules will “kill the hospitality industry”, according to Clive Black, of Shore Capital
The new rules will “kill the hospitality industry”, according to Clive Black, of Shore Capital
STEVE PARSONS/PA

Limiting social gathering to six people at Christmas will wipe “billions” from the economy as office parties are abandoned, hotel and restaurant bookings cancelled and farmers have a glut of unsold turkeys, analysts warn.

The measure will be “devastating” for city centres, which are struggling as office workers fail to return. The new rules are a “total nightmare” for business and will “kill the hospitality industry”, says Clive Black, of Shore Capital, the investment group. So what will be the impact?

Christmas parties
Workers spend £10 billion socialising with colleagues at Christmas, according to research.

The average employee goes out ten times in December, attending five drinks events, three lunches, and two festive dinners. Workers spend an average of £304 on this socialising, the study