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Closed pub in London: number of business outings almost tripled
Photo: Han Yan / dpa
The corona pandemic has triggered a wave of bankruptcies among British restaurants.
Numerous restaurants, from small Indian eateries on the high street to fish & chip shops, bars and clubs have finally closed in the last few weeks, reports the "Frankfurter Allgemeine Zeitung", citing a market report by the consulting firm CGA and Alix Partners.
Some companies would have reopened.
The bottom line is a net loss of 5975 pubs, restaurants, bars and clubs.
The number of business tasks has almost tripled compared to the previous year.
The hardest hit are the smaller pub and restaurant companies that used up their reserves during the lockdown and did not get a large loan from the bank.
The dry spell is becoming too long for many.
The first corona lockdown lasted more than three months in spring, from late March to early July.
In many regions of the kingdom, initially in northern England, the catering trade had to close again from November due to rising virus numbers, since mid-December across the country.
Restaurants are only allowed to offer take-away meals.
According to the association, around 640,000 jobs were already lost in the catering, hotel and leisure sectors last year.
This year there is another threat of death in pubs and restaurants - despite all support measures by the state.
"It's about survival," warn CGA and Alix Partners.
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