A post COVID spending spree could benefit the Yorkshire Coast.
That's the view of Scarborough and Whitby MP Robert Goodwill who says there is latent demand stored up in peoples bank accounts after an increase in the amount households been saving over the last 12 months
Mr Goodwill thinks businesses will benefit from that.
Figures released this week show that as a nation we've been spending less but saving more since the start of the COVID pandemic.
The UK's savings ratio was 16 percent last year the highest since 1963.
Scarborough and Whitby MP, Robert Goodwill says there's a lot of cash waiting to be spent.


Salvaged Peasholm Park Illuminations Go On Display After Storm Boelo Cancellations
Communities Praised After Severe Autumn Storms Batter The Yorkshire Coast
Extracurricular Opportunities Set To Expand For Pupils In Scarborough And Whitby
National League North Tests For Bridlington & Scarborough In FA Trophy 2nd Round Draw
A174 Lythe Bank Closes For Five Days With Replacement Shuttle Buses Serving Whitby
Lifeboat Crews Battle Storm Boelo After Emergency Beacon Alert Off Flamborough Head
Northern Train Services CANCELLED Due To Communication System Issues
Record Multimillion-Pound Investment Promises To Fix North Yorkshire's Roads And Potholes
North Yorkshire Police Emergency Call Waiting Times Remain Low Despite Surge In Demand
Row Over £20,000 'Incorrect' Public Toilet Charges in Whitby
'Strong Fish Smells' Spark Objections To Seafood Business Application
Maternity And Neonatal Services Face £736,000 Funding Gap To Meet New Safety Standards







Comments
Add a comment