Just Eat: Britain needs more curry chefs!
Online takeaway ordering platform Just Eat has issued warnings that there aren’t enough curry chefs in Britain. Claiming that restaurants were closing due to the shortage, the company called on the UK government to loosen immigration rules and improve training in the sector. Just Eat works with about 28,000 restaurants in the country, and acts as a middleman, connecting them to customers that want quickly delivered food. However, while business is booming for take away and delivery services, the outlook for restaurants themselves is less certain.
Just Eat’s share price is up by 19% year to date
SOURCE: Yahoo Finance
Just Eat’s UK managing director, Graham Corfield, said chef shortages for ethnic cuisines like Indian and Chinese food were “a real problem now and unless we address it, it could get worse.” He added that “Small family-run businesses who are often struggling,” were having to close their doors “because they are finding it difficult to get the staff.”
Last year, the British public spent about £10 billion on take-away food. Nonetheless, more than a third of 300 takeaway restaurants that were surveyed by a British Takeaway Campaign report claimed that they were experiencing skills shortages for chefs, front-of-house staff, and delivery drivers. 29% said they needed to recruit non-EU staff, and 37% said they thought Brexit would make it more difficult to find the workers they need.
Dominion holds Just Eat in its Global Trends Managed Fund.
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