Consumer Confidence
We report on consumer confidence trends and how they influence spending habits across the UK foodservice and hospitality sector. This features our coverage of economic sentiment, household budgets, discretionary spend patterns, and the wider behavioural shifts affecting restaurant, pub, café, and catering trade. Whether you’re planning pricing strategies, forecasting sales, or adjusting marketing efforts, our reporting links consumer psychology to trading outcomes, helping foodservice operators make informed commercial decisions in a changing economic environment.
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Aug- 2020 -18 AugustUncategorized
CBILS – Why it’s important to the hospitality sector and how it could help you
The Coronavirus Business Interruption Loan Scheme, delivered through 60+ British Business Bank accredited lenders, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the COVID-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who…
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18 AugustCoronavirus
Sales jump 30% during second week of Eat Out to Help Out scheme
The second week of the Eat Out to Help Out (EOTHO) initiative saw a 30% increase in sales compared with the week before the scheme started, new research from Fourth has revealed. However, the research shows there was a slight drop off in sales for the second week when compared…
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13 AugustPubs and Bars
Hospitality sales halve in July
Managed pub, restaurant and bars saw total July sales down 50.4% against the year before, according to the latest data from CGA’s Coffer Peach Business Tracker. While the overall market reported trading that was “well below” July 2019 levels, the London market “struggled” the most, with London trading down 58.3%…
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10 AugustCoronavirus
Pubs ahead of restaurants in reopenings, says CGA
The pattern of reopening across hospitality sites has been “uneven” since lockdown eased, according to the latest Market Recovery Monitor from CGA and AlixPartners. Some 62% of Britain’s licensed premises were trading again by the end of July, though pubs were ahead of restaurants, and sites in London “lagged behind…
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5 AugustPubs and Bars
One in three pubs fail to break even
Over a third of pubs in the UK have failed to break even after their first month of reopening, the British Beer and Pub Association has reported. The latest data comes from a survey of its members that was conducted exactly a month after pubs were allowed to reopen on…
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Jul- 2020 -30 JulyPubs and Bars
Fullers in ‘stronger position than many’ despite £10m hit
Fullers has welcomed a “transformational” year of trading, with revenue and other income from continuing operations up 3% to £333m in the year ended 28 March 2020. Profit before tax for total group operations soared from £26.1m to £174.5m in the period. Like-for-like growth was seen across all areas of…
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27 JulyCoronavirus
‘Overwhelming’ number of guests satisfied with safety standards
An “overwhelming” number of consumers (94%) who have visited pubs, restaurants and bars in England in the two weeks since reopening were satisfied with the safety steps in venues they visited. This is according to responses via the ‘We hear you’ initiative, launched by the CGA, UKHospitality and Yumpingo, which…
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21 JulyCoronavirus
Hospitality trade bodies outline ‘road to recovery’
A new report from UKHospitality and CGA has revealed the scale of impact Covid has had on the hospitality sector, and outlines what the industry can do to recover both sales and consumer confidence. According to the trade bodies, “rigorous” safety measures, industry collaboration and government support can “speed the…
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10 JulyPubs and Bars
Opening weekend trade still down by 45% YoY
Managed pubs, bars and restaurants that opened last weekend saw like-for-like trading down by 44.5% against the year prior, according to latest figures from the CGA. Managed pubs and bars recorded sales that were down by 44.7% against the same weekend in 2019, while trade in reopened managed restaurants was…
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8 JulyBreweries and Distilleries
BBPA urges Sunak to cut VAT and business rates
The British Beer and Pub Association (BBPA) has uged Rishi Sunak to cut VAT, business rates and beer for brewers and pub businesses as they begin their “long and slow road to recovery after lockdown”. The trade association said its sector could, with the right support, help drive the economic…
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