- Structural changes in hospitality were in evidence prior to 2020
- The group recapitalised with a £2bn placing in 2020
Confirmation from the government that the easing of Covid restrictions is on track means the hard-pressed catering and hospitality sector can look forward to some good news, as diners, office workers and holidaymakers return to a semblance of their pre-pandemic habits. That means the industry, which was heavily reliant on inflows of workers from the EU, can then get back to its pre-pandemic concerns over the post-Brexit visa regime. With plenty of workers enjoying the experience of working from home, there is also the question of whether the days of feeding large buildings full of people are over, as companies downsize office space and move towards a mixed working model.