London Restaurants Opening and Closing at a Record Pace

London Restaurants Opening and Closing at a Record Pace - Bloomberg: "More London restaurants opened than closed during a flurry of activity in the industry in the past year, according to a survey by Harden's London Restaurants.

There were 200 new establishments — the most in the 26 years the dining guide has been conducting its survey, which covers the 12 months to September. Closures jumped to 76 from 56.

"The large number of new London restaurants this year really reflects the optimism and state of the economy last year," said Des Gunewardena, chairman and chief executive of D&D London. The group owns more than 25 London bars and restaurants, including German Gymnasium, which opened a year ago. "

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