Recession

Why do casual dining sites thrive in economic uncertainties?

“Quick service restaurant companies like us often do well during periods of recession and economic uncertainty,” says Richard Morris, chief…

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BoE raises interest rates to 2.25%

The Bank of England has today (22 September) announced that interest rates will be raised by 0.5%, with rates rising…

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Inflation falls in August but remains near 40-year high

UK inflation eased slightly in August to 9.9%, down from 10.1% in July, but remains near a 40-year high as…

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Nearly 40% of hospitality services facing worker shortages, study finds

Nearly two fifths of hospitality businesses are facing worker shortages, according to a new study of government data by digital…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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UK suffers record 9.9% GDP slump

GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in 2009 after the…

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Various Eateries raises £25m in AIM listing

Various Eateries has confirmed it has raised £25m by way of a placing of 34,246,576 new Ordinary Shares with institutional…

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Deliveries to provide ‘long-lasting boost’ to sector post-lockdown

The positive impact of Covid-19 on the delivery market is set to “provide a long-lasting boost” to the sector once…

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UK in recession following 20% GDP slump

The UK economy has entered into a “technical recession” following a “record” fall in gross domestic product (GDP) during the…

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How pub owners and landlords can work together to brave Covid-19

The term “unprecedented” seems to have been used an unprecedented number of times over recent weeks. It is almost as…

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