Sunday 5 June 2022 12:07 AM More than 10,000 pubs and restaurants are at risk of closure, hospitality chief ... trends now
Sunday 5 June 2022 12:07 AM More than 10,000 pubs and restaurants are at risk of closure, hospitality chief ... trends now
More than 10,000 pubs and restaurants are at risk of closure due to 'perfect storm' of inflation and surging energy costs, hospitality chief warns Hospitality sector is facing ‘as big a crisis, if not bigger’ than during pandemic Kate Nicholls estimated 30,000 of UK Hospitality members’ businesses have no cash reserves She estimated 20,000 of these businesses are still operating below break-even
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Over 10,000 pubs and restaurants could face closure thanks to a ‘perfect storm’ of inflation, soaring energy costs and rising rents, a senior industry figure has warned.
Kate Nicholls said the hospitality sector is facing ‘as big a crisis,
