More than one in 10 restaurants are at “imminent” risk of closure as financial hardship continues to blight Britain, according to recent data.
Roughly a fifth of all 50,900 UK restaurants surveyed by the accountancy firm Price Bailey had negative net assets on their balance sheets, while of the 10,000-plus already deemed “technically insolvent” more than half were placed in the “maximum risk” category by financial assessors.
