新型冠状病毒

City of London has lost 14% of its restaurants since 2020

Hospitality sector in Square Mile hobbled by switch to homeworking

The City of London has borne the brunt of restaurant closures in the UK since the onset of the pandemic, with one in seven businesses shutting as the switch to homeworking has hobbled the hospitality sector in the financial district.

Between March 2020 and June this year, 14 per cent of the licensed premises in the Square Mile shut, according to data collected by AlixPartners and industry tracker CGA.

About 14 per cent of restaurants also closed in Birmingham, England’s second-biggest city. The next worst-affected city was Glasgow where 10 per cent of hospitality businesses closed. Only the London boroughs of Croydon, Ealing and Hounslow faced a higher number of restaurant closures.

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