Some firms cut capacity by 20% to match supply and demand as custom fades, bills rise and government support dwindles
Pubs and restaurants face a “perfect storm” of challenges this year as cash-strapped consumers slash spending and the government reduces its energy bills support – forcing many to cut their opening hours.
The industry faced a plethora of challenges in 2022, including soaring energy bills, staffing shortages, rampant food inflation and fragile consumer confidence.
Some firms cut capacity by 20% to match supply and demand as custom fades, bills rise and government support dwindlesPubs and restaurants face a “perfect storm” of challenges this year as cash-strapped consumers slash spending and the government reduces its energy bills support – forcing many to cut their opening hours.The industry faced a plethora of challenges in 2022, including soaring energy bills, staffing shortages, rampant food inflation and fragile consumer confidence. Continue reading…
