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International Business Times UK
International Business Times UK
Danielle Summer

The UK Hospitality Sector Is On The Brink Of Financial Collapse

The hospitality sector has been left in a staffing crisis since the COVID-19 pandemic. (Credit: AFP News/Justin TALLIS)

A survey, conducted by UK Hospitality, found that CEOs of hospitality businesses, including pubs, hotels, restaurants and cafes, were lacking business confidence and looking to the future with uncertainty.

A staggering 25 per cent of hospitality businesses in the UK have admitted that they are on the edge of a financial collapse – almost running out of funds with no cash reserves left.

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