Interest rates cut 'overshadowed' by looming cost increases
The Bank of England (BoE) has reduced interest reduced interest rates by 0.25%, but “£3.4bn worth of cost increases still looming” for hospitality firms.
The Bank of England (BoE) has reduced interest reduced interest rates by 0.25%, but “£3.4bn worth of cost increases still looming” for hospitality firms.
Some 82% of operators have admitted they fear for the future of pubs following Rachel Reeves' Budget announcements, according to recent data from the UK Spirits Alliance (UKSA).
A derelict pub in Essex has been torched “deliberately”, Essex County Fire & Rescue Service has said.