Nearly 25% of UK pubs and restaurants lose money, research shows
Nearly 25% of UK pubs and restaurants reported losing money, according to a recent survey released by hospitality trade bodies. The findings come as celebrity chefs, led by Tom Kerridge, advocate for a VAT reduction from 20% to 10% to relieve financial pressures on the sector. Industry leaders stress that taxation is causing a devastating impact on businesses.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 30 Jun 2026, 07:00 UTC · Updated 30 Jun 2026, 07:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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