The Bank of England is holding its interest rate at the record low of 0.5 per cent, a decision that allows the UK’s restaurant, pub and hotel sector more time to recover from a hit to consumer spending.
TV show Michel Roux’s Service may have inspired a growth in student and graduate interest in hospitality jobs of almost 200 per cent, signalling a shift in the perception of the industry as a worthwhile career route.
The Restaurant Group, the operator behind Frankie & Benny’s, Chiquito and Garfunkel’s, has shown a strong start to 2001 with a double digit increase in profits compared to last year.
The restaurant chain Giraffe and the patisserie-café Apostrophe both opened new sites in Gatwick Airport this week as part of the airport’s strategy to attract travellers to a modernized food and drink offering.
