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Doubts about the new normal

Even if Covid-19 is defeated, there are still big doubts about how well the economy can recover
Doubts about the new normal

The discovery of a vaccine against Covid-19 raises the joyous hope that our lives might get back to normal next year, posing the question: what would the new normal economy look like?

There are reasons for optimism. The virus has made us appreciate more what we previously took for granted: holidays, days out, going to pubs and restaurants. Which means we might spend more on these than we did previously, making up for lost time.

Retailers too might benefit. They could see increased footfall as it becomes more convenient to wander round stores without a mask. That could mean more spur-of-the-moment purchases.

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