Industry fears ‘one restaurant closure a day’ across Ireland as inflation bites

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

'There is one hospitality business per day that’s closing at the minute, the last time we had that was in 2012. I think we could exceed that statistic in the next number of months' - Adrian Cummins, chief executive of the Restaurants Association

The Restaurants Association has said closures in the hospitality sector could hit recession levels due to a perfect storm of factors.

Adrian Cummins, chief executive of the organisation, said the government is not taking the issue seriously enough. “We’re at the start of an economic crisis affecting the hospitality sector. There is one hospitality business per day that’s closing at the minute, the last time we had that was in 2012,” he told the Business Post.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 8. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Property market headed for ‘perfect storm’ of rising costs and flattening or falling pricesExperts and estate agents give their verdict on ESRI’s latest assessment of Irish market and whether house prices are 7 per cent overvalued
Källa: IrishTimes - 🏆 3. / 98 Läs mer »