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Retail and hospitality firms' takings dive by £61bn in coronavirus hit - study

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Takings at hospitality and leisure businesses have plunged by up to half in the coronavirus crisis, figures reveal tonight.

Trade in industries hammered by Covid-19 lockdowns and social distancing curbs has been clobbered, according to a House of Commons Library analysis commissioned by Labour.

It found non-food retail, hospitality, leisure and cultural businesses and organisations have suffered a £61billion hit to takings so far this year compared with 2019.

The figures come as businesses face the run-up to Christmas gripped by uncertainty over when they will be allowed to reopen – and what restrictions will be in place.

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