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Evening Standard
Evening Standard
Business
Jonathan Prynn

London fine dining restaurant "churn" accelerates as costs and tax burden rises ever higher

Michel Roux Jr's Le Gavroche was the most famous name to close this year -

The lifespan of London’s fine dining restaurants is getting shorter as higher costs and intense competition make it ever harder for even highly rated establishment to survive, according to an influential restaurant guide.

The latest edition of Harden’s London Restaurants reveals that there were 132 openings over the past year, the third lowest total since the guide launched in 2010, but 84 closures, including some of the most highly regarded names in London.

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