Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Festive season fuels 2.5 million visits to the capital post-Covid

by December 23, 2022
December 23, 2022
Festive season fuels 2.5 million visits to the capital post-Covid

As consumers celebrate their first Christmas season without Covid uncertainties or restrictions, new data has found that 2.5 million people have made their way back to shop, dine and drink across London in the run-up to the festive season.

Anonymised, aggregated data captured by O2 Motion – which uses connections to O2 mobile masts to identify trends in crowd movements – was collected from high streets across central London. This covered key shopping areas including Soho, Oxford Circus, Mayfair, and Fitzrovia. It found an increase in shopping and socialising as consumers fall back into familiar festive habits post-Covid.

While 2021 saw a return to restriction-free living, concerns over the Omicron variant of the COVID-19 virus resulted in many Brits opting to stay away from the office and cancelling Christmas parties. However, O2 Motion’s data from November 2022 showed a year-on-year increase of 5% in high street footfall – equivalent to more than 2.5 million visitors across central London.

Much of the increase in footfall was driven during the working week – with an average 10% uptick in visitors between Monday and Friday, suggesting a return to the office for many could be driving a return to in-person shopping and socialising. Tuesdays saw the highest footfall of any day, with an average 14% increase.

Sergio Budkin from Virgin Media O2 Business said “Our O2 motion shows that people are coming back to London in their droves to work, shop and play – not just on weekends, but in the week, too, with Tuesdays recording the busiest footfalls.

“As businesses plan ahead for the New Year and beyond, our insights can help them create strategies to win new customers and deliver the incentives and deals that consumers are looking for.”

Indeed, footfall was particularly high on key days in the festive calendar including the ‘Christmas Light Turn On’ and ‘Black Friday’. This year, for example, Black Friday saw an 11% increase in footfall compared to 2021.

Read more:
Festive season fuels 2.5 million visits to the capital post-Covid

0
FacebookTwitterGoogle +Pinterest
previous post
House Jan 6 Committee releases final 814-page report, recommends Donald Trump be barred from running in 2024
next post
UK signs 10-year deal with Moderna to produce 250m vaccines in event of another pandemic

You may also like

What do new flexible working laws mean for...

July 18, 2023

Alexander Meskouris Provides Insight Into His Career In...

January 9, 2023

Building a management team – why people are...

June 20, 2024

UK inflation set to rise after Bank of...

August 12, 2024

Team ITG buys Emerald Thinking Group to accelerate...

December 15, 2022

Sephora Dives Back into the UK Market With...

March 16, 2023

Return to offices ‘will not increase’

November 18, 2022

Brexit Fallout Continues to Impact Businesses – Urgent...

February 16, 2024

Private equity payday for Mowgli Street Food boss...

January 31, 2023

Sainsbury’s signs deal with food delivery app Just...

January 17, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Why Independent Digital Platforms Are Gaining Ground Among UK Entrepreneurs

      June 7, 2025
    • Is Decentralisation the Future of Online Services in the UK?

      June 7, 2025
    • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs

      June 7, 2025
    • Trump announces China will restart rare earth mineral shipments to US after productive call

      June 7, 2025
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025

    Categories

    • Business (8,151)
    • Investing (2,019)
    • Politics (15,558)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved