The week in pictures

Let’s talk about Gaucho.

This week, in The UK Restaurant Sector is a Dumpster-fire, having filed for administration this week, Argentine steakhouse group Gaucho said it is closing its sister chain Cau, resulting in 540 job losses.

Restaurateurs like Pied à Terre’s David Moore have hit out at what they see as the government “sitting on its hands” while the on-trade suffocates under the weight of mounting debts, rising business rates, rents, a Brexit-induced staff shortage and a drop in consumer spending.

Gaucho, he said, has “been in the red due to soaring cost of business rates and weaker consumer spending following Brexit.”

“To this effect, Pied á Terre is set to lobby the government to take immediate action to help stabilise business rates and help reduce VAT to ultimately help the future of the UK’s high street.”

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