As pinged people stay home, unpinged people could be getting more cautious, suggesting a longer-than-expected recovery
Newspapers call August the silly season because not a lot happens. That’s not always the case, as events in Afghanistan have shown, but it is certainly true of the UK economy this year. And that’s not good news.
Each week the Office for National Statistics puts together a digest of the very latest data, everything from restaurant bookings to the number of cars on the road. To be clear, these are not official figures but they do provide a reasonably good guide to what’s going on.