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Half of restaurants could go bust

National News // Jan. 11, 2021

Half of bars, restaurants and cafes will go bust unless they get urgent financial support from the federal government.

Pixabay Half of restaurants could go bust

That’s the warning of the industry body, GastroSuisse. They say a third wave is coming – a third wave of layoffs.

They surveyed 4,00 of their members and 98% say they need assistance urgently.

The sector employs 100,000 across the country.

The Federal Council will be deciding this week if the help offered so far will be extended to March.

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