Categories: Market Overview

Nightclubs are a new battleground against Covid, but the young yearn for freedom

Nightclubs and bars are fast becoming the new battleground in the fight against Covid-19 as the nocturnal economy re-opens in some countries and coronavirus cases soar, particularly among the young. Covid is seeing a resurgence in Europe as the highly infectious delta variant spreads among the unvaccinated and partially-immunized population, which is predominantly young as they were the last in line to receive a vaccine.

At the same time, a number of European countries decided to revive their night time economies, allowing bars and clubs to reopen to the public again, some after 16 months of closure which put many out of business. In England, nightclubs were allowed to reopen as the clock struck midnight on Sunday with thousands of revelers soaking up the lights, music and lack of face masks and social distancing. Experts are already warning that England’s move is risky, particularly as other countries that reopened before it have now shut up shop (or club) again.

Other countries allowed their nightclubs to reopen in June, including the Netherlands and Spain, but both made rapid revisions and reversals given the Covid situation.

The British government announced at the start of the week that it was planning on making Covid vaccination compulsory for nightclub goers and other crowded venues in England from the end of September. This prompted criticism from the industry including from Michael Kill, CEO of the Night Time Industries Association, who commented on Twitter Tuesday: “So ‘Freedom Day’ for clubs lasted around 17 hours then.”

Nightclubs are a new battleground against Covid, but the young yearn for freedom, CNBC, Jul 23

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This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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