By M&C Report team2005-09-04T15:15:00+01:00
Chancellor Rishi Sunak has warned inflationary pressures will continue to buffet the UK economy, and is forecast to average 4% next year
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
The UK and Canada-based KFC, Starbucks and Taco Bell franchise secured the investment from Centerbridge Partners, Metric Capital Partners, and OpCapita
The group reported a loss before tax of £1.9m for the year to 25 September 2021, with 2022 challenging due to extra cost pressures
The group’s Bars division achieved revenue of £11.2m in the 52 weeks to 26 June 2022, compared to £1.3m in 2021, with like-for-like sales up 21% on pre-Covid levels
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