“It’s not just us – I think this applies to everyone out there in our industry.”
Yesterday Chancellor Rishi Sunak unveiled a £30 billion support package to help boost the nation’s economic recovery, which included plans to subsidise restaurant bills throughout August to encourage people to dine out.
Sunak said the government would subsidise 50% of restaurant bills up to £10 per person in August, in an effort to jumpstart consumer spending.
However Mr Murdoch added that Government schemes do not do enough to compensate restaurants for the combination of fixed costs and lost sales throughout the pandemic, telling Newscast: “I don’t think you can ever get over the top of this problem.”
Problems for fast food and High Street chains have been mounting.
At the end of June Byron Burger filed a notice to appoint administrators, as it tries to protect the restaurant chain from creditors while it seeks a rescue deal.
The chain has 1,200 staff and 52 restaurants across the UK.
The Restaurant Group, which owns Frankie & Benny's, has also been forced to undergo a restructure.
