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.
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Apr- 2023 -21 AprilNews
Deliveroo Q1 revenues rise 4% despite fall in orders
Deliveroo has recently reported a 4% rise in revenue in its Q1 trading update, although the group saw the number of orders decline by 9%. Gross transaction value was also 1% lower in the period, which the food delivery company attributes to the continued impact of food price inflation. The…
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20 AprilComment
Elevating guest experiences through technology and data, both on and off-premise
In an era where consumers are watching every penny more carefully, the good news is that consumers are still prioritising quality experiences and are seeking excellence in exchange for their hard-earned money. It’s crucial that restaurants are adapting to meet these new expectations given the increased competition, and operators need…
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14 AprilPubs and Bars
Admiral Taverns puts 44 pubs up for sale
Admiral Taverns has announced that 44 of its pubs are up for sale becoming the latest major pub company to list a number of its sites for sale. A spokesperson for the company stated that all the pubs were up for sale individually rather than as a package deal. The…
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11 AprilBeverages
Poor weather sees drinks sales stagnate
Poor weather in the last two weeks of March has seen drinks sales flatten according to the On Premise survey from CGA Strategy. Average sales by value in managed venues were down by 3% in the seven days to 25 March, the poorest week of 2023 so far. They recovered…
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Mar- 2023 -27 MarchFeatures
Noah’s Ark-le: Surviving rising waters for a successful launch
“The hotel has got a really massive turnover of finance and footfall and effectively puts the customers in the building where our restaurant is,” says Sam Griffiths, executive sous chef at Arkle. 2022 was a difficult year for those in the restaurant business with over 1500 restaurants in the UK…
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15 MarchNews
Rail strikes will cost hospitality sector almost £600m, UKH warns
Rail and tube strikes happening across the country this week will cost the hospitality sector almost £600m, trade body UKHospitality has announced. Rail strikes are set to happen on the 16th, 18th, 30th of March and 1st of April meanwhile hospitality venues in London are also going to be affected…
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9 MarchPeople
Over 2m hospitality workers suffering ‘declining mental health’
Over 2 million people who work in the hospitality sector are suffering from “declining mental health” as a result of the cost of living, according to the State of Financial Wellbeing index from Wagestream. The index also found that 67% of hospitality staff have cut back on their spending with…
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2 MarchFeatures
Revenge of the dish: Are we eating out more after Covid?
Revenge dining. You may have not heard of the term but you’re probably aware of the idea. It’s the theory that more people ate out at restaurants in 2022 following the end of lockdown restrictions as a result of not being able to for so long. Opentable research published in…
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2 MarchPubs and Bars
Northern cities lead growth for UK hospitality, research finds
Cities in the north of England are leading growth in UK hospitality despite the impacts of Covid, the cost of living crisis and rail strikes, new research has found. The ‘State of the North’ research from Northern Restaurant and Bar and CGA by NielsenIQ found that in most key northern…
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2 MarchCatering Companies
Good Q4 for contract catering but sales still behind 2019 levels
Contract catering sales were 27% higher between October and December 2022 compared with 2021, according to data from CGA and Bidfood. Caterers’ sales in the private sector were up by 32% year-on-year as more people switched back from home-based working to offices. However, Q4 in 2021 was impacted by growing…
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