Business

Spending in pubs increased 6.1% in September, compared with a 2.8% increase last month driven by the Rugby World Cup, according data from Barclays. Despite this, growth in spending slowed for spending in restaurants which was down 10.8% compared to a decrease of 5.8% last month Furthermore spending on takeaways…

Hospitality operators have seen price rises of up to 30% due to supply chain breakdowns, according to research from BRITA Professional. BRITA Professional revealed it surveyed a number of hospitality and education catering professionals to identify the biggest challenges within the supply chain as part of its Rely Chain campaign.…

Consumers spent 6.5 pence of each pound on out-of-home eating and drinking between January and July 2023, according to data from CGA. The new Brand Track Plus combines consumers’ out-of-home preferences with card spending data to deliver analysis of engagement with key hospitality brands. The tracker gives insights into spending…

Greggs has announced that its total sales rose 20.8% for the 13 weeks to 30 September 2023. Alongside this the company-managed shop like-for-like sales were up 14.2% as a result extended trading hours and increased app usage. Evening trade represented 8.8% of company-managed shop sales while 13.1% of company-managed shop…

Commitments made in UKHospitality’s Workforce Strategy, launched in May 2022, have helped bring down hospitality vacancies by 33% to 57,000 at its peak. In a significant update on the strategy’s progress since its launch, the sector now boasts “record” levels of employment in accommodation and food service with 2.7 million…

One third of hospitality staff quit their jobs within six months of starting, according to data from Cairn Hotel Group. The survey also found that over half of adults believe that a job in hospitality is one without progression. Further to this, nearly a quarter of Gen Z’s in hospitality…

The Department of Work and Pensions (DWP) in collaboration with UKHospitality has launched The Hospitality Sector-based Work Academy Programme (SWAP). The new programme is designed to fill vacancies in the hospitality sector and the pilot scheme, set to launch in Liverpool before being rolled out to other major cities over…

UKHospitality Scotland is urging the first minister to address the multi-million pound increase in business rates that is set to hamper Scottish hospitality this spring. Ahead of the upcoming Programme for Government, UKHospitality Scotland executive director Leon Thompson has outlined the need for a commitment from the first minister that…

New data from CGA Strategy has found that 62% of business leaders feel optimistic about prospects for their business over the next 12 months, an 8% increase from the last survey in May. Alongside this 45% of leaders are optimistic about the hospitality industry in general, an increase of 5%…

Subway has announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm Roark Capital for an undisclosed sum. The company has branded this is a “major milestone” in the company’s transformation journey, combining Subway’s global presence and brand strength with Roark’s deep…