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Evening Standard
Evening Standard
Business
Mark Banham

Restaurant chains rack up losses of more than £800 million

Losses at the UK’s top 100 restaurant chains grew 24% from £673 million to £832 million in just the past six months, according to a study from accountancy business UHY Hacker Young.

The scale of the losses has been driven by the effects of major restructuring initiatives introduced following the coronavirus pandemic.

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