Government be like “who has done this to you Tom that’s terrible!?”
zeusoid on
Genuinely goes to show that it is dangerous to have a cabinet that has entirely no business experience.
They seem to have no real clue what the real world impacts of their policies are until they face the backlash.
True-Abalone-3380 on
It’s good that he’s vocal so people can see the additional layers of costs hitting hospitality. This is on top of the 2023 increases, remember businesses did not have the price caps domestic users had.
> Restaurants use a lot of energy, from powering ovens and fridges in the kitchens to lighting front of house – making them expensive places to run. Kerridge was quoted a 600% increase on his energy bill for The Hand and Flowers.
> his insurance bills have increased from £26,500 to £51,500 and coverage for hospitality venues had become “very difficult” to secure.
Salty-Bid1597 on
It’s only just starting to make the news but we’re in the middle of a hospitality apocalypse.
Already this year in my small town, out of 6 pubs (there were 9 a decade ago) 1 (the best one, with a lot of money behind them) has closed permanently, 1 has closed until February and two more have gone down to 3/4 days and short hours. Only the big brewery pubs are operating normally.
And even outside hospitality I’m hearing about a lot of small businesses that have given up after a shit Christmas and nothing but tax hikes and price rises on the horizon.
This is going to be the year that the chickens come home to roost.
4 Comments
Government be like “who has done this to you Tom that’s terrible!?”
Genuinely goes to show that it is dangerous to have a cabinet that has entirely no business experience.
They seem to have no real clue what the real world impacts of their policies are until they face the backlash.
It’s good that he’s vocal so people can see the additional layers of costs hitting hospitality. This is on top of the 2023 increases, remember businesses did not have the price caps domestic users had.
https://www.bbc.co.uk/news/business-66360076
> Restaurants use a lot of energy, from powering ovens and fridges in the kitchens to lighting front of house – making them expensive places to run. Kerridge was quoted a 600% increase on his energy bill for The Hand and Flowers.
https://www.thecaterer.com/news/tom-kerridge-no-let-up-hospitality
> his insurance bills have increased from £26,500 to £51,500 and coverage for hospitality venues had become “very difficult” to secure.
It’s only just starting to make the news but we’re in the middle of a hospitality apocalypse.
Already this year in my small town, out of 6 pubs (there were 9 a decade ago) 1 (the best one, with a lot of money behind them) has closed permanently, 1 has closed until February and two more have gone down to 3/4 days and short hours. Only the big brewery pubs are operating normally.
And even outside hospitality I’m hearing about a lot of small businesses that have given up after a shit Christmas and nothing but tax hikes and price rises on the horizon.
This is going to be the year that the chickens come home to roost.