Hospitality restrictions take toll on GDP growth

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Hospitality restrictions have contributed significantly to the dip in the UK’s economic growth and will likely continue to do so unless measures are rethought, UK Hospitality has warned. New figures from the Office for National Statistics show that GDP grew by just 0.4% in October, down from 1.1% in September and the weakest its been since the economy started its recovery from the pandemic-induced recession earlier this year. The services sector – which represents four-fifths of economic output – grew by just 0.2% as a result of increased restrictions, declining by 0.37% month-on-month.

 

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