Richard Caring, dubbed the ‘King of Mayfair’, has blamed the UK’s “lacklustre” economy for falling sales at his luxury restaurant group. The hospitality tycoon’s Caprice Holdings reported a four per cent dip in revenue to £90.5m in the year to January, which it blamed on rising employment costs and US tariffs. Caring’s hospitality group includes [...]
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September 7, 2026 at 7:12 AM
‘King of Mayfair’ Richard Caring hits out at ‘lacklustre’ economy
CityAM