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Strong period for consumer services industry
Pubs, hotels and restaurants have enjoyed their strongest three months of trading since 2007, according to a new quarterly survey from the business lobby group CBI.
Within consumer services, the survey shows that a balance of 15 per cent of businesses saw a rise in business volumes, while a balance of 28 per cent were optimistic about their future prospects. It is thought part of the findings were influenced by the warm weather witnessed in the UK this summer.
The Association of Leading Visitor Attractions, which represents a variety of venues, has also revealed its members had seen a rise of 22 per cent in their visitor numbers this spring and summer when compared to last year. It is thought this is in part thanks to good weather, Britain’s hosting of successful events and the strength of the euro against the pound, which has encouraged more visitors.
However, industry leaders do feel visitor attractions are having to offer deals and keep prices down despite rising costs.
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