By M&C Report team2005-05-01T07:58:00+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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The group has just opened its 36th site, The Rose Inn in Wokingham, following a £2.1m restoration and redesign project, with another 11 sites due to open before the end of 2023.
The late-night sector has struggled to fill vacancies since it reopened in July after many people left the industry due to the prolonged shutdown period during the pandemic.
Stephen Thomas, founder of Britain’s largest nightclub group Luminar, is making his return to the late-night sector with a new bar and nightclub business.
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