UK restaurant closures surge as consumers lose appetite to spend
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LONDON (Reuters) - More than 1,000 restaurants went bust in Britain in the year through September, a 24 percent rise on the previous 12 months as the industry grapples with overcapacity as consumer spending slows, accountants Moore Stephens said on Monday.Restaurant chains such as Carluccio's, Prezzo, Jamie's Italian and Strada have closed outlets in the last year, and there are few signs of any pick-up in demand."Closures in the restaurant sector are at epidemic levels now," Jeremy Willmont,..