More than a third of restaurant businesses in Merseyside and the North West are at a higher than average risk of failure over the next 12 months, a study claims.
Research carried out by insolvency trade body R3 reveals restaurants ow have the highest risk of failure of any of the key sectors in the region.
It shows 38% are in the at risk category equivalent to almost 1,800 businesses.
By comparison, 36% of pubs were considered at risk and 23% of hotels. Restaurants had a higher risk score than any other sector including technology (37%), transport (32%), construction and retail (31%), professional services (29%) and manufacturing (22%).
The figures are also supported by statistics from the Insolvency Service, which show that restauran…
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