""David Wolanski, co-founder of Chick 'n' Sours, expressed concern about the pressure on independent operators, stating that food inflation and rising wages are squeezing them. He described the situation as an exhausting, never-ending battle to keep the lights on.""
""Italian restaurant Margot closed at the end of June, citing the substantial business rate and national insurance cost increases imposed on them in this year's budget as a significant reason for their closure.""
The hospitality industry in London is facing severe challenges in 2025, with rising VAT, National Insurance contributions, staffing shortages, and increasing rent and energy costs. Many restaurants are struggling to survive, leading to an uptick in closures. Notable closures include Clapham's Soif, Camden's Mr Ji, and Margot, an Italian restaurant. Additionally, the Chick 'n' Sours chain has faced significant difficulties, with co-founder David Wolanski articulating the pressures on independent operators. The overall climate remains unfavorable for the hospitality sector with closures becoming increasingly common.
#restaurant-closures #hospitality-industry #2025-challenges #london-eateries #economic-pressures #hospitality #2025 #london #economic-challenges
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