Only two in five hospitality business leaders say their sites are now trading at a profit or expect to do so by the end of June, according to a new study by CGA and Fourth.

The latest Business Confidence survey found that despite a strong start to outdoor trading in April, concerns remain about the impact of ongoing coronavirus restrictions and staffing shortages.Just over half (58%) of hospitality operators surveyed said their business had performed above their expectations since April, while only 8% said it was below.