Pubs, bars and restaurants in the UK have pleaded with the Government to take action after revealing their average bills have surged by 81% in the past year.
Industry bodies have revealed that less than a third of hospitality businesses are optimistic about their future after swallowing mammoth energy price increases, as well as more expensiveData collected by CGA by NielsenIQ on behalf of the British Institute of Innkeeping, UKHospitality, the British Beer and Pub Association and Hospitality Ulster revealed the extent of the current crisis facing the industry.
have disappeared for good from English and Welsh communities over the first three months of 2023, representing a 60% jump on levels from last year.will shut for good if cost pressures do not ease soon.In a joint statement, the organisations said the energy crisis had pushed the industry to a"breaking point".
“No profits means nothing to invest back into businesses, no cash reserves means nothing to fall back on, and businesses being forced to close means important, irreplaceable assets being lost from local communities and economies across the country forever."They added that they hoped the Government realised that if nothing was done to help them there would be a"lasting wider impact" affecting local employment and from villages losing their"essential community hubs".
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