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January 10, 2008

If you talk about it, it will come

waiting.gifMy bank manager doesn’t agree but apparently as a nation thrift is in and the credit crunch has finally hit home.

Or has is?

There’s been a real mix of views coming out from operators in the last few weeks about whether we’re all reining in our spending and what if so it means for hospitality.

True Sports Café has had to go cap in hand to the bank after a bad Christmas but was hardly a business in rude health.

Frankie & Benny’s owner The Restaurant Group said like-for-like sales In the final quarter climbed just 1% but rival Tragus, which runs Café Rouge, delivered growth over Christmas of 4.5%.

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About Economy

This page contains an archive of all entries posted to The Caterer Blog in the Economy category. They are listed from oldest to newest.

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