One in three hospitality may collapse
About 6 Days, 10 Hours, 41 Minutes ago.
More than a third of hospitality firms say they have little or no confidence of surviving the next three months, according to data collected by the Office for National Statistics (ONS).
The sector, which includes hotels, bars and restaurants, is the most downbeat about its prospects, the survey found.
The lockdowns and restrictions caused by Covid-19 have hit the industry hard.
Earlier this week, trade body UK Hospitality said the sector had lost 660,000 jobs so far this year.
UK Hospitality chief Kate Nicholls told MPs on Tuesday that at the end of 2019, the sector had been the third-largest employer in the UK.