The fortunes of the hospitality industry are now looking as gloomy as during the Covid lockdowns.
Output in the sector, which includes pubs, hotels and restaurants, declined at the fastest pace since February 2021, when the UK was last in lockdown.
The Lloyds Bank UK Recovery Tracker gave a score of 36.3 for September, with demand falling for a fourth consecutive month. Any reading below 50 indicates contraction.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
