Are restaurants finally showing signs of recovery?


Is the worst of the crisis that has threatened the existence of so large parts of the catering industry since the beginning of the pandemic finally over?

New profitability numbers today suggest that might be the case.

Analysis by accountant Hacker Young shows that the UK’s top 100 restaurant groups made a combined profit of £241.8m in the six months to March, a 12-fold increase on the £19.9m surplus they posted in the previous half-year – and in the years before – had generated total losses before reducing. We are still a long way from boom times. Are restaurants finally showing signs of recovery?

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