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Only A Third Of Hospitality Firms Optimistic About Their Future

Only a third of UK hospitality businesses are optimistic about their future due to high energy prices and rising food costs, industry bosses have warned.

Read the full article on the Sky News website

NAM Implications:
  • In simple language, think a 33% cut in hospitality businesses, with another 33% continuing to struggle under impossible energy and business rate burdens as savvy consumers query what they are getting for their money in hospitality…
  • …Vs the cost of equivalent alcohol for home consumption…
  • …and cash-stretched consumers cooking from scratch at home.
  • Time for government to consider the full implications of lockdown fallout…