By M&C Report team2007-05-13T08:33:00+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.
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While trading was impacted during December, Brighton Pier Group achieved a 9% increase in sales at its bars over the New Year period.
SA Brain is on the verge of signing a deal to sell 100 of its pubs to a consortium comprised of Song Capital and Cerberus Capital Management, according to Sky News.
Despite continued uncertainty around Covid, the operator of Fridays and 63rd+1st said it was positive about the future, with its first QSR format site to open in March and many other sites in the pipeline
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