Following the Government’s press conference yesterday in which they said the public should avoid going to pubs the trade group UK Hospitality responded: “Commenting on the Government’s latest advice that people should avoid pubs, restaurants, hotels, theatres and other hospitality and leisure businesses.
“This is catastrophic for businesses and jobs. The government has effectively shut the hospitality industry without any support, and this announcement will lead to thousands of businesses closing their doors for good, and hundreds of thousands of job losses.
“Over the past few weeks the industry has suffered unprecedented drops in visits and many business are already on their knees. This latest advice leaves the industry in limbo, with no recourse to insurance.
“The Government must act now to stop them going under and protect the people’s jobs. These venues play a unique role as community hubs and it’s in all our interests to protect and preserve them so they are still there once we emerge from this crisis.
“We need immediate and far-reaching support from the government, and meaningful business continuity measures.”
Ian Carrotte of ICSM Credit urged all suppliers to these big names to be very strict with credit. He said: “We’ve seen how famous brands will use moral blackmail over suppliers suggesting they will not have further orders if they don’t extend credit. Carillion and Jamie Oliver’s Italian used the tactic and then collapsed owing suppliers millions. Be strict with credit – and join us in ICSM to protect your business and be in the loop of who is in trouble and not paying their invoices.”
For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.firstname.lastname@example.org on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.
To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.email@example.com
For details for the work of the journalist Harry Mottram visit www.harrymottram.co.uk
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