By M&C Report team2005-05-08T08:11:00+01:00
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 reopening of indoor dining helped underpin UK GDP growth during Q2 2021. Analysis from UKHospitality shows the hospitality sector was responsible for 40% of total economic growth from Q1 to Q2 2021, with Kate Nicholls calling on the Government for business rate reform and a permanently lowered rate of VAT.
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Shoryu Ramen has unveiled plans for a series of franchises openings across the UK in collaboration with Ford Consultancy Group.
Nightcap is opening three new sites during November in Bristol, Reading and London with trading ’continuing to be strong and ahead of management expectations’.
Giggling Squid’s has a pipeline of new locations having traded strongly during lockdown, with Andrew Laurillard playing down recent talk of an initial public offering.
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