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Report: top 100 UK restaurant chains lost £82m in past year

Nearly half of the of the UK’s Top 100 restaurant groups are now loss making, according to accountancy group UHY Hacker Young. New figures published by the firm reveal that the top 100 restaurants made a loss of £82m in the last year, down from a pre-tax profit of £102m twelve months ago. Of the UK’s Top 100 restaurant groups, 48 are now in the red, up from 37 last year. The huge loss in profits has been caused by a number of restaurant chains’ going through radical restructuring in…

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