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Five high-profile restaurants are bravely opening in Manhattan in the midst of the holiday season the most difficult time to launch new places, owners and chefs agreed.

The roster of top toques includes Michelin-star earners Jean-Georges Vongerichten, Daniel Boulud and Andrew Carmellini all of whom are counting on their star power and experience to overcome the pitfalls of opening a restaurant when tree-gazing tourists can outnumber local culinary mavens.

Hiring staff is less of a nightmare for their long-established restaurant companies than it is for smaller, individual operators.

Even so, People who spend substantial money for dinner are not forgiving even if you just opened a few weeks beforehand, said veteran restaurateur and industry consultant Don Evans.

Its simply best to open during slower months to fine-tune your kitchen and front-of-house staff.

Simon Oren, an owner of 10 Manhattan places including soon-to-open middle Eastern-themed Acadia at Sixth Avenue and West 57th Street, agreed that Its kind of a different animal opening in the holidays.

For one thing, the openings come too late to catch most of the holiday season private-party wave, which began over a month ago at such popular eateries as Cellini on East 54th Street and Porter House at Deutsche Bank Center.

So Acadias second floor, tailored to private events, will mostly have to wait till next year for the full windfall.

Party-driven revenue in the years last three months can account for up to 40 percent of a popular restaurants annual take, Oren said.

Also likely to miss out on most of the bonanza are Vongerichtens Four Twenty Five, Bouluds relocated Cafe Boulud, and David Burkes Park Ave Kitchen, which won’t launch until early or mid-December.

Only Carmellini managed to open his luxe new flagship, French-Italian Cafe Carmellini, before Thanksgiving.

The rare holiday-opening boom comes as the restaurant industry continues an uneven recovery from the damage caused by pandemic lockdowns.

The NYC Hospitality Alliance reported in August that nearly half of respondents to a survey reported lower revenue compared to August 2022 although surprising to diners who find many places so busy that they cant get reservations.

Four Twenty Five hoped to open in October at 425 Park Ave., the new, Norman Foster-designed office tower at East 56th Street.

Lois Freedman, president of Jean-Georges Management, said, I dont think we ever opened in December before.

But it gives us the opportunity to do sort of a softer opening where the team can get up to speed before the crush comes.

The restaurant will open with dinner service only in a few weeks, adding lunch in January.

The menu by Vongerichten and executive chef Jonathan Benno remains under wraps but the place blends culinary excellence with architectural marvel and sustainability practices, according to its website.

The long-awaited venue aims to exploit the return-to-office trend thats especially strong on Park Avenue.

Getting it off the ground didnt come easily. But Vongerichten, who launched 10 different eateries inside the 40,000 square-foot Tin Building downtown last year, joked, After the Tin Building, everything is easy.

Boulud and Sebastien Silvestri, CEO of parent company Dinex Group, would have preferred an earlier opening for Cafe Boulud at 100 E. 63rd Street, previously home to Michael Whites Vaucluse.

Upper East Siders clamored for it since its predecessor on East 78th Street closed three years ago.

We had to do cosmetic work in the dining room and had to re-fit the kitchen although the mechanical and electrical systems and plumbing were already in place, Boulud said.

Despite Cafe Bouluds long absence, the chef regards it as not creating a new restaurant but reopening one that is already on our map.

Weve been able to build our team with many alumni of the previous Caf Boulud as well as our other restaurants.

Both our executive chef Romain Paumier and executive pastry Chef Katalina Diaz are from Restaurant Daniel and much of our front-of-house team is coming back from our previous location.

Cafe Boulud-redux will have a public soft opening in about two weeks.

Burke, long a popular chef on the New York scene, will open his first full-scale Manhattan restaurant in three years at 277 Park Avenue (entrance on Lexington Avenue).

I dont know that opening during the holidays is any worse or better than any other time, he said. Because we have so many restaurants in the metro area, we can pull experienced staff from them if we need to. People want to work for us. By design, were overstaffed at Park Ave Kitchen with the intention of weeding out those who dont cut it. Burke added.

He was certain that something like 17 hotels within four blocks will draw more than enough tourists as well as locals.

Oren chuckled of his own and all the owners’ confidence, To be a restaurateur you have to be extremely optimistic.

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Business

Inflation jumps to 3.6% on fuel and food price pressures

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Inflation jumps to 3.6% on fuel and food price pressures

The rate of inflation has risen by more than expected on the back of fuel and food price pressures, according to official figures which have prompted accusations of an own goal for the chancellor.

The Office for National Statistics (ONS) reported a 3.6% level for the 12 months to June – a pace not seen since January last year.

That was up from the 3.4% rate seen the previous month. Economists had expected no change.

Money latest: What do inflation figures mean for rate cut prospects?

ONS acting chief economist Richard Heys said: “Inflation ticked up in June driven mainly by motor fuel prices which fell only slightly, compared with a much larger decrease at this time last year.

“Food price inflation has increased for the third consecutive month to its highest annual rate since February of last year. However, it remains well below the peak seen in early 2023.”

A key driver of food inflation has been meat prices.

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Beef, in particular, has shot up in cost – by more than 30% over the past year – according to Association of Independent Meat Suppliers data reported by FarmingUK.

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Beef has seen the biggest percentage increase in meat costs. Pic: PA

High global demand alongside raised production costs have been blamed.

But Kris Hamer, director of insight at the British Retail Consortium, said: “While inflation has risen steadily over the last year, food inflation has seen a much more pronounced increase.

“Despite fierce competition between retailers, the ongoing impact of the last budget and poor harvests caused by the extreme weather have resulted in prices for consumers rising.”

It marked a clear claim that tax rises imposed on employers by Rachel Reeves from April have helped stoke inflation.

Balwinder Dhoot, director of sustainability and growth at the Food and Drink Federation, said: “The pressure on food and drink manufacturers continues to build. With many key ingredients like chocolate, butter, coffee, beef, and lamb, climbing in price – alongside high energy and labour expenses – these rising costs are gradually making their way into the prices shoppers pay at the tills.”

Chancellor Rachel Reeves said of the data: “I know working people are still struggling with the cost of living. That is why we have already taken action by increasing the national minimum wage for three million workers, rolling out free breakfast clubs in every primary school and extending the £3 bus fare cap.

“But there is more to do and I’m determined we deliver on our Plan for Change to put more money into people’s pockets.”

The wider ONS data is a timely reminder of the squeeze on living standards still being felt by many households – largely since the end of the COVID pandemic and subsequent energy-driven cost of living crisis.

Record rental costs alongside elevated borrowing costs – the latter a result of the Bank of England’s action to help keep a lid on inflation – have added to the burden on family budgets.

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Is the cost of living crisis over?

Most are still reeling from the effects of high energy bills.

The cost of gas and electricity is among the reasons why the pace of price growth for many goods and services remains above a level the Bank would ideally like to see.

Added to that is the toll placed on finances by wider hikes to bills. April saw those for water, council tax and many other essentials rise at an inflation-busting rate.

The inflation figures, along with employment data due tomorrow, are the last before the Bank of England is due to make its next interest rate decision on 7 August.

The vast majority of financial market participants, and many economists, expect a quarter point cut to 4%.

That forecast is largely based on the fact that wider economic data is suggesting a slowdown in both economic growth and the labour market – twin headaches for a chancellor gunning for growth and juggling hugely squeezed public finances.

Read more from Sky News:
Chancellor considering ‘changes’ to ISAs
Most important part of Reeves’s speech was what wasn’t said
HMRC doesn’t know how many billionaires pay tax in the UK

Professor Joe Nellis, economic adviser at the advisory firm MHA, said of the ONS data: “This is a reminder that while price rises have slowed from the highs of 2021-23, the battle against inflation is far from over and there is no return to normality yet – especially for many households who are still feeling the squeeze on essentials such as food, energy, and services.

“However, while the Bank of England is expected to take a cautious approach to interest rate policy, we still expect a cut in interest rates when the Monetary Policy Committee next votes on 7th August.

“Despite inflation at 3.6% remaining above the official 2% target, a softening labour market – slowing wage growth and decreasing job vacancies – means that the MPC will predict inflation to begin falling as we head into the new year, justifying the lowering of interest rates.”

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Politics

Who will take the fall for the Afghan cover-up?

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Who will take the fall for the Afghan cover-up?

👉Listen to Politics at Sam and Anne’s on your podcast app👈 

Now details of the enormous accidental data breach by a British soldier that put thousands of Afghans’ lives at risk can be discussed publicly – Sam and Anne try to address some of the biggest questions on this episode.

They include:

Why did the government break the glass on using a superinjunction?

Has anyone been sacked?

Why did the Labour government keep the superinjunction in place for so long?

There’s still a bit of time to go over Rachel Reeves’ Mansion House speech. Did it reassure financiers and investors?

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World

‘My family is finished’: Afghan man in UK military data breach says he feels betrayed

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'My family is finished': Afghan man in UK military data breach says he feels betrayed

An Afghan man who worked for the British military has told Sky News he feels betrayed and has “completely lost (his) mind” after his identity was part of a massive data breach.

He told The World with Yalda Hakim about the moment he discovered he was among thousands of Afghans whose personal details were revealed, putting him at risk of reprisals from the Taliban.

The man, who spoke anonymously to Sky News from Afghanistan, says he worked with British forces for more than 10 years.

But now, he regrets working alongside those troops, who were first deployed to Afghanistan in 2001.

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Afghans being relocated after data breach

“I have done everything for the British forces … I regret that – why (did) I put my family in danger because of that? Is this is justice?

“We work for them, for [the] British, we help them. So now we are left behind, right now. And from today, I don’t know about my future.”

He described receiving an email warning him that his details had been revealed.

He said: “When I saw this one story… I completely lost my mind. I just thought… about my future… my family’s.

“I’ve got two kids. All my family are… in danger. Right now… I’m just completely lost.”

👉 Listen to Sky News Daily on your podcast app 👈

The mistake by the Ministry of Defence in early 2022 ranks among the worst security breaches in modern British history because of the cost and risk posed to the lives of thousands of Afghans.

On Tuesday, a court order – preventing the media reporting details of a secret relocation programme – was lifted.

Read more from Sky News:
Minister defends handling of breach
The struggle for equality in Afghanistan
Afghan women throw babies to troops

British soldiers wait to be transported to a base in the provincial capital Lashkar Gar in Camp Bastion, Helmand, February 5, 2010. REUTERS/Baris Atayman (AFGHANISTAN - Tags: MILITARY POLITICS CONFLICT)
Image:
Reuters file pic

Defence Secretary John Healey said about 6,900 Afghans and their family members have been relocated or were on their way to the UK under the previously secret scheme.

He said no one else from Afghanistan would be offered asylum, after a government review found little evidence of intent from the Taliban to seek retribution.

But the anonymous Afghan man who spoke to Sky News disputed this. He claimed the Taliban, who returned to power in 2021, were actively seeking people who worked with British forces.

“My family is finished,” he said. “I request… kindly request from the British government… the King… please evacuate us.

“Maybe tomorrow we will not be anymore. Please, please help us.”

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