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Travel sector’s sunny turn doesn’t mean no dark days ahead

The sun’s out, school holidays aren’t far off, and Dominic Cummings has made it clear that those rules weren’t meant to be interpreted too strictly anyway. From the size of the rally in travel and leisure stocks, though, you’d be forgiven for thinking the pub gardens were already full of punters quaffing Pimm’s and pints. The pan-European Stoxx travel and leisure index had risen more than 10 per cent for the week to date by midday on Thursday.
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