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The Omicron variant of Covid-19 has been hitting companies exhausting, with the hospitality sector suffering from a wave of cancellations and lost commerce during what must be the busiest time of the 12 months. Meanwhile, inflation is at its highest for a decade, in an unfolding value of residing crisis that can get worse before it gets higher. In some ways Christmas couldn’t come soon sufficient for Boris Johnson’s government, amid a storm of unhealthy news because the prime minister’s Teflon ability to outlive political scandal appears to be deserting him eventually. But somewhat than performing as a distraction, the festive period merely highlights the intense issues facing the British economic system that could make matters worse. A worsening outlook in the pandemic, a government gradual to react, and confidence fading fast among companies and households. The hospitality industry has been pleading for assist from the …