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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Jan- 2025 -13 JanuaryNews-In-Brief
Today’s news in brief – 13/01/25
Arc Inspirations has reported a “record” sales rise of 10.8% for December 2024, with the help of three new flagship openings. The bar group saw total sales hit £2m, with average weekly sales across its 19 venues peaking at a “record” £106k of revenue per site. The three new venues…
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13 JanuaryBusiness
Hospitality accounted for 10% of UK administrations in 2024
The hospitality industry accounted for 10% of administrations in 2024 – the fourth highest sector in the UK – according to analysis by full-service law firm Shakespeare Martineau. A total of 1,718 businesses, 172 of which came from the hospitality sector, filed for administration – marking a 28% and 5%…
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13 JanuaryNews
Consumer confidence rebounds as dining out surges in November
Consumer confidence recovers as 75% of people have gone out to eat in November 2024, CGA by NIQ’s latest On Premise Consumer Pulse Report revealed. The research, which provides suppliers and operators with insights into consumers’ latest habits and priorities, indicates that 92% visited the On Premise in November, up by…
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9 JanuaryFood and Drink
Greggs FY sales surpass £2bn mark
Greggs has revealed that it has posted sales of £2.01bn during 2024, for the 52 weeks ended 28 December, the first time the company has passed the £2bn mark. Despite the 11.3% sales increase Greggs warned that it would raise prices further to offset increased employment costs. The company reported…
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6 JanuaryRestaurants
Tasty agrees to £2.5m settlement with its insurer
Casual dining group Tasty has agreed a full and final settlement with its insurer for the amount of £2.5m relating to a pre-pandemic insurance claim. In a stock exchange announcement, Tasty detailed that it would receive approximately £1.5m, net of creditor costs and legal costs and the settlement sum is…
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Dec- 2024 -18 DecemberBusiness
Hospitality sales rise 2.7% ahead of Xmas celebrations
Hospitality groups recorded year-on-year sales growth of 2.7% in November 2024, according to CGA and RSM’s latest Hospitality Business Tracker. The like-for-like figure last month was found to be “marginally” above Britain’s rate of inflation as measured by the Consumer Price Index, and marks the first real-terms growth since June. …
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17 DecemberPubs and Bars
Liberation Group to rebrand as Butcombe Group
The pub operator and brewing business, Liberation Group, has revealed its plans to rebrand to Butcombe Group to align with its strategic priorities. Butcombe Group will be the new corporate identity, with the existing operating brands remaining the same – Butcombe Pubs and Inns, Butcombe Brewing Co, Butcombe Boutique Inns,…
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9 DecemberPubs and Bars
Drinks sales return to growth during last week of November
UK drinks sales edged back into growth by 1% in the last week of November, according to CGA’s and NIQ’s Daily Drinks Tracker. It is a welcome upswing after a “tricky” previous week and fluctuations throughout the autumn and early winter. Drinks sales were up year-on-year on five of the…
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2 DecemberNews
UK drinks sales fall 9% as Christmas nears
Drinks sales in Britain’s pubs, bars and restaurants are “lagging” as average sales in managed venues in the week ended 23 November were 9% down on the same week in 2023, CGA by NIQ’s Daily Drinks Tracker showed. Widespread chilly weather pushed down sales throughout the week, with 17 November…
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Nov- 2024 -27 NovemberFeatures
Key takeaways from HOSPACE 2024
The HOSPACE 2024 conference, hosted by the Hospitality Professionals Association (HOSPA) on 14 November at the Royal Lancaster London, marked a milestone in an unexpectedly positive year for UK hospitality. With record attendance exceeding 600 leaders and innovators, the event delivered critical insights and discussions on the industry’s evolving landscape. …
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