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Home » Hospitality challenges ‘far from over’ despite BoE rate cut
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Hospitality challenges ‘far from over’ despite BoE rate cut

February 10, 20251 Min Read
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Hospitality challenges ‘far from over’ despite BoE rate cut
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Pubs and Bars

According to recent research by the accountancy firm, 21% of pubs and bars, and just over a fifth of licensed , are now technically insolvent

The decision to reduce the base rate on 6 February was an attempt to stimulate economic growth in a “stagnant” economic environment but the challenges facing the hospitality sector are far from over, Price Bailey has warned.

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