| Comment | It was planned months and months ago, while we were still in the midst of Covid, as a way of boosting spend in local shops and helping out the economic recovery. (It's branded as a Glasgow thing, but the money comes from both Scottish and UK Govt budgets AFAIK. It's a top down initiative from central government in that sense. Gift cards are so being distributed across other UK council areas).
Remember, things were utterly grim for quite some time for retail and hospitality, and projections were also fairly scary for how we would come out the other side.
It's been exceptionally slow in being delivered, so slow that it now looks like one of the worst things you could do in an inflationary economy.
Still, it's slightly helpful for businesses which are struggling with energy bills. Would've been better, or made a bit more sense at least if it was delivered about 9 months ago. |
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