Stagecoach and owner of Upper Crust lifted by commuting resurgence
Stagecoach and the transport hub food specialist SSP have each reported a return of business to about two-thirds of pre-pandemic levels thanks to a resurgence in commuting but warned of uncertainty ahead because of the rise of the Omicron variant.
The bus and rail operator and the owner of the Caffè Ritazza and Upper Crust chains both benefited from the easing of coronavirus restrictions and a return to the office but that now looks at risk amid reports that the government could impose its coronavirus plan B to tackle rising cases.
SSP, which operates 2,800 outlets worldwide in airports and railway stations, said that in the first nine weeks of its new financial year it had 72% of its units open, providing two-thirds of 2019 level revenues.
Ho
Read more on theguardian.com
