Lost worker vs. tourism expenditure in the Central Activities Zone (CAZ) during the COVID-19 Pandemic

During the pandemic, the loss of expenditure in London’s Central Activities Zone (CAZ) due to both workers staying at home and tourists being unable or choosing not to visit has had a major impact on the retail, leisure and hospitality sectors.This analysis seeks to investigate the relative importance of these two cohorts to the CAZ. We estimate local expenditure from...