With reference to financial and enterprise risks, critically debate the statement that:‘Restrictions may start to be lifted within the UK but the collapse of many more restaurants and pubs within the hospitality industry is inevitable in 2022 following the aftermath of the global covid19 pandemic , defying any enterprise risk management models and business innovations the sector will try to implement’.

To assess the nature of contemporary risk and the broad framework within which it operates

“Over the last 2 years the hospitality industry has seen a dramatic change in the way they operate and tighter regulations and restrictions have meant many pubs and restaurants are struggling to survive with many getting into financial difficulties just to break even.

With reference to financial and enterprise risks, critically debate the statement that:‘Restrictions may start to be lifted within the UK but the collapse of many more restaurants and pubs within the hospitality industry is inevitable in 2022 following the aftermath of the global covid19 pandemic , defying any enterprise risk management models and business innovations the sector will try to implement’. You agree with the statement.