By M&C Report team2006-01-15T20:05:00+00:00
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.
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Fortress Investment Group, the US-based investor owned by SoftBank, is reported to be in talks to buy Punch Pubs & Co
Gail’s saw turnover decline from £61m in 2020 to £57m for the 52 weeks to 28 February 2021, despite opening five new retail bakeries over the course of the year.
Bar group Arc Inspirations has achieved a total sales increase of 42% since restrictions were lifted on 19 July, compared to the same period in 2019.
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