National Minimum Wage

Over 5,000 restaurant firms could go bust, study warns

Over 5,000 restaurant firms could go bust, study warns

By Mark Wingett

A total 5,570 restaurant companies have at least a 30 per cent chance of going insolvent within the next three years as Brexit raises costs and disposable incomes stagnate, BigHospitality's sister site MCA has reported.

Minimum Wage to rise

Minimum Wage to rise

By BigHospitality Writer

The government has announced that the National Minimum Wage will increase by 17p an hour from £5.35 to £5.52 for workers aged 22 and over from October. The next age group, 18-21, will see a 15p rise to £4.60. Secretary of State for ..