French chef Raymond Blanc’s restaurant venture Brasserie Bar has bemoaned a business rates hike for adding to an “increasingly hostile” trading environment as it posted a near £3.2m pre-tax loss.
A 12% spike in its business rates bill alongside higher debt payments pushed it further into the red.
The Brasserie Blanc and White Brasserie pub chain owner traded strongly, avoiding the malaise that has hit a growing number of rivals.
