More than a third of UK hospitality firms ‘could go bust by next year’

Pubs, restaurants and hotels threatened by energy bills and food price inflation, survey finds

More than a third of UK hospitality businesses, including pubs, restaurants and hotels, could go bust by early next year as energy bills surge and bookings fall, according to a new survey.

With nearly all businesses saying they face higher energy costs and food price inflation, 35% of respondents to a quarterly hospitality industry survey said they expected to be operating at a loss or to be unable to continue trading by the end of the year.

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