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As older consumers radically change their spending patterns, what do investors need to know?

Keeping older people safe is a moral imperative—and in our economic interests

By Andy Davis   October 2020

Photo: Isabel Infantes/EMPICS Entertainment

Even without a second wave of infections, Covid-19 has done brutal damage to businesses such as restaurants, pubs, travel and tourism firms and those in the arts, entertainment and culture sectors—the businesses that exist because we are (or were) social beings.

Share prices across these sectors are down by up to 60 per cent since early March. By high summer, 48 per cent of arts, entertainment and recreation businesses and 22 per cent of accommodation and food service companies were closed with no…

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