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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Oct- 2024 -21 OctoberNews
Top 100 restaurant groups see profits dip to £244.1m in 2024
The UK’s top 100 restaurant groups have seen their profits dip from £246.5m in 2023 to £244.1m in 2024, new research by UHY Hacker Young shows. UHY Hacker Young said that the slight dip in profits is a “creditable performance” considering the challenges the sector has faced from the cost-of-living…
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15 OctoberFood and Drink
Papa Johns UK losses widen to £18.5m in FY23
Papa Johns’ UK arm has reported a pre-tax loss of £18.5m for the year ended 31 December 2023, which widened from a previous loss of £2.9m in 2022. According to the group’s filings with Companies House, Papa Johns in the UK saw its turnover rise slightly from £95.1m to £95.9m…
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Sep- 2024 -19 SeptemberPubs and Bars
Pubs outperform licensed sector despite ‘disappointing’ weather
Managed pubs have outperformed the licensed sector as a whole in August, with year-on-year growth of 2.9% despite disappointing weather, according to the latest edition of the CGA RSM Hospitality Business Tracker. Restaurants recorded a 0.8% increase, while the on-the-go segment achieved 5.0% growth. However, bars continued a long run…
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Aug- 2024 -28 AugustCatering Companies
Contract caterers achieve 10% sales growth in Q2
Contract caterers saw sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an improvement rate of 7% recorded in the first quarter of this year, according to CGA by NIQ and Bidfood. Meanwhile, growth in moving annual total (MAT) sales – compared to…
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Jul- 2024 -15 JulyVenues & Properties
Market activity for pubs and restaurants improves in H1
Pub and restaurant market activity has seen an improvement in the first half of 2024 compared with the “subdued” levels seen last year, according to Christie and Co’s Pubs and Restaurants Mid-Year Market Insight report. It comes as the property adviser’s transactional metrics trended upwards since January this year, albeit…
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Jun- 2024 -19 JunePubs and Bars
Hospitality groups report 3.6% growth in May
Hospitality groups across Britain achieved year-on-year sales growth of 3.6% in May 2024, despite “disappointing” weather and the ongoing effects of inflation, the CGA has reported. According to the latest CGA RSM Hospitality Business Tracker, this marks a “quick return to growth” after a 1.7% drop in trading in April, which…
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4 JunePubs and Bars
Drinks sales drop 3% as rain returns
Drinks sales in the UK dropped 3% in the week ended 25 May, compared with the same period last year, as wet weather continued to dampen performance, according to data from CGA. Year-on-year sales plunged 22% after heavy rain on 22 May, and they were down by between 8% and…
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May- 2024 -23 MayFood and Drink
Hospitality YoY sales drop 1.7% due to more wet weather
Britain’s top hospitality groups saw sales drop 1.7% year-on-year in April after widespread wet weather, the new CGA RSM Hospitality Business Tracker has revealed. It comes as the first year-on-year drop in monthly sales since September 2022 and in sharp contrast with March, when the sector achieved 5.3% growth due…
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10 MayPubs and Bars
Pubs sales up 16.8% in wake of bank holiday weekend
Transactions at pubs, bars and clubs reached a 2024-high on Saturday 4 May, as the sunny weather and bank holiday weekend encouraged Brits to make a trip to their local area, according to Barclays Consumer Spend data. Transactions were up 16.8% in comparison to the previous Saturday, and 2.5x as…
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7 MayPubs and Bars
Drinks sales dip in ‘soggy’ end to April
Drinks sales in managed venues for the week to last Saturday (27 April) saw a “disappointing” end to April after generally solid trading over the spring, according to data from CGA Strategy. Although daily sales were up by 11% year-on-year on Sunday (21 April), thanks to a strong round of…
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