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By M&C Report team2006-09-10T08:20:00+01:00
The coronavirus continues to wreak havoc. It’s claimed hundreds of thousands of lives around the world and numbers continue to rise. As dreadful as that is, the long term socio-economic impact is more disturbing. The virus has created a level of disruption to health, society, and the economy that’s never happened before, outside of wartime. And while there is plenty of speculation on how life in general may get back to normal post-lockdown, with vaguely optimistic or pessimistic dates floating around, there is no clarity on how or when this might end.
Luke Johnson has warned the UK could face a “Great Depression” and would have to decide if the containment measures were worth the “collateral damage” of falling living standards and damage to mental health.
Rcapital, the private equity firm that rescued Little Chef from collapse, is rumoured to be among those in the running to acquire most of the remaining Patisserie Valerie business from administration.
Maven Leisure, the premium bar group from the directors of ETM, has secured a £4.3m fundraise Growthdeck.
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
Loungers has reported like-for-like sales over the four-week period from 17 May to 13 June 2021 were up 26.6%, compared to the same period in 2019.
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