UK advertising market not set to recover until 2022 after Covid-19 crash

Oct 29, 2020 - City AM
Financial Results

The UK advertising market will not recover until 2022 after sinking to record lows this year as a result of the coronavirus outbreak.

Ad spend is set to come in at £21.5bn this year, marking a fall of £3.6bn — or 14.5 per cent — compared to 2019.

Read more: Ad spend to suffer largest ever annual fall as Covid-19 wipes £4bn off market

The figures come ahead of the crucial last three months of the year, known in retail and adv...