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UK Hospitality Responds to Latest U.K. Inflation Numbers

February 15, 2023

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UKHospitality Chief Executive Kate Nicholls said: “The rate of inflation decreasing for three months in a row is promising but it remains the case that price rises continue to significantly hinder hospitality businesses.

“A drop in the cost of visiting venues in January is a clear reflection of venues squeezing every drop out of their margins in a bid to attract custom, in order to stay afloat after a Christmas hit by rail strikes and amid the annual New Year drop in consumer spend.

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