CITY VIEWS: WILL ENGLAND’S FOOTBALL FAILURE AFFECT THE ECONOMY?
BEN WISE
LLOYD’S REGISTER
“I would have thought that it will affect the economy positively, as fewer people will be taking the day off work to watch the matches. Beer sales will be down, and retailers with special offers might lose a bit, but the impact won’t be great – we would have only played three more games.”
TONIA KING
CHARTIS INSURANCE
“A large number of people do take it very seriously. The team’s success gave a boost last week, despite the budget. But it’s difficult to single out and quantify the effect of the football. People will still be out enjoying the weather, so I don’t think sales in shops will be affected that badly.”
JASON REDING
COBRA LONDON MARKETS
“No, I don’t think it will have any impact. There was a lot of hype, but I think we are all realists and we knew this was coming, so I don’t think there will be that much disappointment. I don’t think retailers will see a drop in sales, as the weather’s still nice and people will still want to spend.”