Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face
11 months, 3 weeks ago

Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, he said, “The biggest pressure, what has tipped people over the edge, is the cost of energy.” open image in gallery Kerridge’s restaurant was quoted a 700 per cent increase on its utility bills last year Kerridge’s flagship restaurant The Hand & Flowers, in Marlow, which is the only pub in the UK with two Michelin stars, was quoted a 700 per cent increase on its utility bills last year, he said. open image in gallery Kerridge’s pub The Hand & Flowers in Marlow the only pub in the UK with two Michelin stars Martin McTague, national chair at the Federation of Small Businesses, said: “Increasing rents and input costs, coupled with inflation, high energy prices and low consumer demand have been chipping away at the hospitality industry, to the extent that more than half of small businesses in the sector are experiencing falling revenues, as well as rock bottom confidence levels. open image in gallery Simon Rimmer, 60, who is a co-presenter on Channel 4’s ‘Sunday Brunch’, called last Tuesday a ‘heartbreaking day’ as he confirmed the closure of his vegetarian restaurant Greens The organisation’s research further shows that more than half of small hospitality businesses have come up against a significant increase in their running costs – of more than 10 per cent – in the last year. open image in gallery Tony Rodd, who was a MasterChef finalist in 2015, described how ‘devastated’ and ‘heartbroken’ he and his team are as he similarly announced the closure of his restaurant Copper & Ink In a video posted to Twitter/X, Rodd also predicted the closure of many more independent restaurants in the near future, as the hospitality industry buckles under the combined strains of Covid, Brexit, the cost of living crisis, and soaring energy bills.

History of this topic

More than 400 pubs shut doors for good as cost pressures rise
1 week, 2 days ago
Major pub chain joins Wetherspoon with stark price hike warning after Labour’s Budget
1 month, 3 weeks ago
Pub chain reveals how summer of riots and damp weather has seen sales suffer
3 months, 1 week ago
Last orders for the pub? More than 50 boozers a month are lost in England and Wales... to be converted into housing blocks, offices and nurseries
3 months, 2 weeks ago
Last orders: 80 pubs shut for good each month, says new data
6 months, 3 weeks ago
Hard-up support worker admits 'I used to shop at Sainsbury's but now go to Iceland' and struggling pensioner says it's too expensive to use his oven - Brits react to tax cuts and pensions boost in the
1 year, 1 month ago
Fears of rising energy bills and a costly Christmas lead consumers to cut back
1 year, 2 months ago
Pub closures will increase tenfold without business rates relief, warns Fuller’s boss
1 year, 2 months ago
Hospitality on the brink: FIVE restaurants a day now closing
1 year, 6 months ago
UK pubs and restaurants plead for government action on energy as bills soar 81%
1 year, 7 months ago
Revealed: The great Brexit pubs and clubs shutdown
1 year, 8 months ago
Britons cut back on groceries but spend more on TV subscriptions, figures show
1 year, 8 months ago
UK: £12bn to be wiped out from UK as hundreds of small businesses may shut by year end
1 year, 10 months ago
Pub firm closures up 180% as costs soar and punters stay home
1 year, 10 months ago
Pubs and restaurants could cut opening hours to survive ‘perfect storm’ this year
2 years ago
‘250,000 hospitality jobs at risk’ without more energy bills support
2 years ago
Many pubs and breweries will close without further energy help, report says
2 years, 1 month ago
Experts warn Indian restaurants could close at rate of ONE-A-DAY as businesses battle soaring prices
2 years, 1 month ago
Rail strikes to cost pubs and restaurants £1.5bn in run-up to Christmas
2 years, 1 month ago
Britain’s pubs confront a bleak winter as energy costs spiral
2 years, 4 months ago
Energy bill at Tom Kerridge’s pub to leap from £60,000 to £420,000
2 years, 4 months ago
Pubs and breweries warn of mass closures as energy bills leap 300%
2 years, 4 months ago
Massive energy bill hikes put hundreds of thousands of businesses under threat
2 years, 4 months ago
Small businesses lose customers as inflation crisis forces them to hike prices
2 years, 5 months ago
Pubs in England and Wales drop below 40,000 for first time on record
2 years, 6 months ago
Pubs and restaurants suffer ‘lost Christmas’ as sales plummet
2 years, 11 months ago
Bars and restaurants face New Year disaster after losing £10,335 each in Christmas week
3 years ago
More than 35,000 retailers in financial distress as Omicron pressure mounts
3 years ago
‘Brutal’ time for hospitality as bars and restaurants close for lack of staff
3 years, 1 month ago
Britain lost over 1,000 pubs, restaurants and nightclubs after lockdown lifted, report finds
3 years, 2 months ago
No-shows at restaurants costing hospitality sector £17.6bn a year, says study
3 years, 4 months ago
UK economy slows sharply as staff shortages reach record levels, survey finds
3 years, 4 months ago
British pubs facing ‘acute’ staff shortages
3 years, 7 months ago
Covid restrictions took huge financial toll on hospitality industry
3 years, 10 months ago
Hundreds of millions in financial support readied for hotels, restaurants, culture: Report
4 years, 1 month ago
A fifth of cafés and restaurants remain shut: 'the losses are less'
4 years, 5 months ago
Coronavirus Outbreak: Pandemic slowdown threatens restaurants with bitter aftertaste; customers, spending likely to plunge
4 years, 9 months ago
Coronavirus: Pub and restaurant industry ‘getting worse by the day’, Wagamama owner warns
4 years, 9 months ago
‘Devastating’ Shutdowns During Coronavirus Crisis Hurl Small Businesses Into Uncertainty
4 years, 9 months ago
Restaurant shutdowns are putting millions of jobs at risk, according to new report
4 years, 9 months ago

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