Lawrence King, director at insolvency practice Antony Batty & Co, said pubs, restaurants, and shops cannot afford to ‘take their eyes off the ball’, even if they are getting a cash boost during the World Cup.
He acknowledged the short-term benefits of increased trade during the competition but urged businesses to seek qualified advice if they are under financial pressure.
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Mr King, whose company is based near Oxford, said: “England’s progression in the World Cup is a welcome boost for everyone, including hospitality providers.
“According to Voucher Codes’ World Cup Spending Report, football fans are expected to spend almost £900m across hospitality venues during…