'We will lose £400k': The cost of Tier 3 for the hospitality sector
As the hospitality sector begins to count the cost of the latest Tier 3 lockdown, we spoke to one industry figure who says his company will lose £400,000.
Stuart Procter, COO of Mayfair hotel and restaurant The Stafford, said the latest blow has left his company reeling in a year he’s already had to make 300 redundancies.
“I’m furious. Devastated. I can’t quite believe how this has been handled. You can’t give 48 hours notice for a decision this big, one that will affect this many people. This is people’s lives and livelihoods – at The Stafford and Norma alone we’ll lose £400,000.”