L&F Newsletter – Asset – May 2021
A lot has happened since I wrote my article for the last edition of this publication. Lockdown has worked in combination with the rollout of the vaccine and businesses are being allowed to open up again.
There were no major surprises by the Chancellor in the budget and the Stamp Duty holiday has been extended. This will help encourage the construction industry and house builders to continue to fuel a strong property market and enable the country and the economy to bounce back.
I predict it is going to be a very busy summer for the tourism and hospitality sectors as we are all yearning to again enjoy the pleasures that we have missed over the last year or so. It is still going to take a long time to get back to “normal”, but this time round we have the vaccine and the adult population should have been vaccinated by the end of July. All being well, we should not see another third wave or lockdown.
TIM DUNCAN, DIRECTOR