UK restaurant. Photo by Robert Bye on Unsplash

CGA says UK hospitality industry still faces “very real” issues

Karl Chessell, CGA’s business unit director for hospitality operators and food, EMEA, reiterated that the pandemic has ‘inflicted massive damage’ into the sector, through the forced closure of thousands of businesses Despite some 79% of business leaders expressing optimism for the future, they also face the “very real” issues of staff shortages, rising costs and high debt levels, according to the latest Future Shock report from CGA and UKHospitality. Karl Chessell, CGA’s business unit director for hospitality operators and food, EMEA, reiterated that the pandemic has “inflicted massive damage” to the…

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Restaurant waiter– photo by Louis Hansel on Unsplash

UK hospitality vacancy advertisements rise by 73%

Job postings in May and June 2021 rocketed 73% month-on-month for roles in the hospitality industry, whilst applications were down by 0.3%, according to new data from independent job board CV Library. In addition to its findings, a recent report by the online training provider, High Speed Training,  found that a third (33%) of the public felt that roles in hospitality offered “little progression” and are not considered careers for life, with further negative perceptions around low salaries and workplace stress. High Speed Training warned that business owners are now at “breaking…

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9-17 Collingwood St Newcastle – Wikimedia Commons

Leisure plans for transformation of former bank in central Newcastle

More than 100 jobs could be created through the construction phase at the old Allied Irish Bank building in Newcastle A former bank headquarters in the North East is poised to be transformed into a new leisure and housing scheme, developers have revealed. The former Allied Irish Bank building on Newcastle’s Collingwood Street is set to become a multi-million pound mixed residential and hospitality development, through plans submitted for approval. The move will see developers Portland Real Estate Group transform the site into a ground and mezzanine floor bar and…

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