Cost of Living

Coverage explores the impact of economic pressures on consumer spending, staff retention, and operational costs across the UK hospitality sector. We report on inflation, wage demands, energy prices, and discretionary income trends, analysing how restaurants, pubs, caterers, and other operators are adapting pricing, staffing, and promotional strategies in response to shifting demand and household budgets.

  • Jan- 2024 -
    25 January
    NewsToday’s news in brief – 25/01/24

    Today’s news in brief – 25/01/24

    Hospitality vendors in the North have averaged 7.2% sales growth in 2023, despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed that Newcastle (12.7%) and York (9.2%) lead the uptrend, followed by Sheffield (7.1%),…

    Read More »
  • 25 January
    NewsNorthern hospitality venues welcome 7.2% sales growth in 2023

    Northern hospitality venues welcome 7.2% sales growth in 2023

    Hospitality vendors in the North have demonstrated growth and resilience over the past year, averaging 7.2% sales growth despite the cost of living crisis and escalating business rates.  New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed all northern England cities saw a growth…

    Read More »
  • Dec- 2023 -
    11 December
    NewsUK drink sales dip amid strong World Cup comparatives

    UK drink sales dip amid strong World Cup comparatives

    Year-on-year drinks sales in Britain were down again last week—though the 2022 football World Cup made for difficult comparatives, CGA said. CGA by NIQ’s daily drinks tracker shows average sales in managed venues in the week to last Saturday (2 December) were 2% behind the equivalent week in 2022. It…

    Read More »
  • 4 December
    FeaturesWhy have London’s restaurants continued to become more expensive?

    Why have London’s restaurants continued to become more expensive?

    Data from Harden’s London Restaurants 2024 guide found that the number of restaurants in London charging £150 per head or more per person for a meal has risen 46% to 54 up from 37 last year. The data also found that there has also been a 59% jump in the…

    Read More »
  • Nov- 2023 -
    20 November
    Catering CompaniesChartwells renews University of Sussex partnership

    Chartwells renews University of Sussex partnership

    Chartwell has announced that it has renewed its partnership with the University of Sussex for a further 10 years. Under this new contract, Chartwells will operate under a cost-plus model, ensuring that any profits generated will be reinvested back into the service. The company stated that the decision to extend…

    Read More »
  • 15 November
    Pubs and BarsWet weather dampens managed hospitality venue sales in October

    Wet weather dampens managed hospitality venue sales in October

    Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, according to data from CGA. It is a 13th consecutive month of like-for-like growth for managed restaurants, pubs and bars however, it represents a slowdown from a 5.9% rise in September. The data shows…

    Read More »
  • Oct- 2023 -
    30 October
    NewsDemand for sweet treats in hospitality grows, says CGA

    Demand for sweet treats in hospitality grows, says CGA

    New research from CGA by NIQ and Mademoiselle Desserts points to an ongoing appetite for treats despite the cost of living crisis, making mini desserts a good solution for menus in 2024.  The joint ‘Desserts and Sweet Bakery’ report reveals fewer than one in five (18%) consumers are cutting down…

    Read More »
  • 13 October
    Pubs and BarsSt Austell Brewery partners with food waste app

    St Austell Brewery partners with food waste app

    St Austell Brewery has announced its partnership with a food waste app, Olio, to give away surplus food from its South West pubs. Olio is a local sharing app which helps businesses to reduce food waste by re-distributing whatever’s left at the end of each day to nearby residents, by…

    Read More »
  • 10 October
    BusinessPubs see increased spending in Sept as restaurants struggle

    Pubs see increased spending in Sept as restaurants struggle

    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…

    Read More »
  • Sep- 2023 -
    22 September
    NewsComptoir Libanais profits dip amid difficult trading conditions

    Comptoir Libanais profits dip amid difficult trading conditions

    Comptoir Group, owner of Lebanese and Middle Eastern restaurants, has announced revenues of £14.8m, an increase of 2.1%, for the six months ended on 2 July.  Adjusted EBITDA profit was £1m, a decrease of 73.7% compared to 2022, which the group attributes to “a challenging trading environment” dictated by the…

    Read More »
Back to top button