Jimmy Saunders Published in Global Banking & Finance Review

Jimmy Saunders, Director in the Restructuring Advisory practice at Duff & Phelps, was featured in an article in Global Banking & Finance Review titled, "2019 Set to Bring Further Pain to Struggling UK Restaurant Sector." The article discusses the challenges facing the UK restaurant sector, including the pressures of Brexit, economic uncertainty and declining consumer confidence. Jimmy highlights what restaurant owners should focus on and predicts that while Brexit presents an immediate challenge, 2019 may see a re-balancing in the rapid expansion of mid-market chains.

“The more tangible impact of Brexit on the restaurant trade is the availability of staff. EU citizens make up a significant proportion of restaurant staff, and trade body UK Hospitality has already expressed concerns that a significant reduction in EU migrant workers will severely impact staffing levels in the sector. Again, this is only likely to worsen in the run-up to, and after, Brexit. Add in rising wage costs due to the uplift in the national minimum wage and it is clear that staffing will be one of the biggest headaches of 2019 for restaurant operators,” commented Jimmy.

Read the full article here.

2019-02-18T00:00:00.0000000 0001-01-01T00:00:00.0000000 /about-us/news/jimmy-saunders-global-banking-finance-review news {C8894F56-FF6C-4DEA-AB91-58D66A7F0624} {9AE295AC-8FEF-486E-AD1D-883E7C9A8AFF} {7E8E553C-0F29-4200-9149-F7FF7ABE4B3C} {D59CA77E-C551-45A3-BE89-F567210C5A60} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {B35EF5AE-20CE-49EC-807A-1101A09BBAED}

Related Services

Duff & Phelps Disputes

Governance, Risk, Investigations and Disputes

Combined Duff & Phelps and Kroll disputes, investigations, cyber, business intelligence, cross-border restructuring and other advisory.

Governance, Risk, Investigations and Disputes
Duff & Phelps Disputes

Global Restructuring Advisory

Advising companies, financial sponsors and other stakeholders involved in challenging situations and distressed transactions.

Global Restructuring Advisory
Duff & Phelps Corporate Finance

Corporate Finance

Comprehensive support throughout mergers and acquisitions and other corporate transactions.

Corporate Finance
Duff & Phelps Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory

News