Covid-19
Our COVID-19 coverage captures the full impact of the pandemic on the UK’s foodservice and hospitality sector, from lockdown trading restrictions and government support schemes to recovery planning, operational adaptations, and long-term business implications. This includes essential reporting for restaurant operators, pub landlords, caterers, chefs, and F&B directors navigating one of the most disruptive periods in industry history.
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Dec- 2021 -3 DecemberCoronavirus
Trade bodies reassure sector as Omicron declared ‘mild’
According to a number of hospitality trade bodies the “hard-pressed” sector has received a “much-needed” boost, with the World Health Organisation (WHO) announcement that cases of the Covid-19 variant Omicron appear to be ‘mild’. Together the UKHospitality, the British Institute of Innkeeping, and the British Beer and Pub Association said…
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2 DecemberPeople
New resources launched to help frontline hospitality workers
A new resource has been launched by the University of East Anglia (UEA) and Norwich Good Economy Commission to “help employers and frontline workers” in hospitality and other industries as they recover from the impacts of Covid-19. The University of East Anglia (UEA) and Norwich Good Economy Commission – a…
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Nov- 2021 -16 NovemberCatering Companies
The staffing nightmare before Christmas
The food and drink sector is of “vital importance to the UK economy, according to the trade association, UKHospitality, and no more so than the usual (barring Covid-aside) busy festive period. A latest report from the organisation shows that the sector alone contributes an astounding £120bn to the economy and…
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16 NovemberNews
Eurest appoints joint managing directors
Eurest, the UK workplace food service provider and part of Compass Group UK and Ireland, has promoted two of its most senior business directors to joint managing directors. Paul Williams and Nick Haynes, who have both worked for Compass for nearly 10 years, take up the positions, effective immediately, and…
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16 NovemberPubs and Bars
Revolution Bars Group FY21 losses narrow to £26.3m
Revolution Bars Group has revealed its pre-tax losses have narrowed to £26.3m from £31.7m for the full-year ending 3 July 2021. Total Sales were 64.2% lower at £39.4m than £110.1m in 2020 as a result of the various Covid-19 lockdowns and restrictions throughout the entirety of FY21, compared to just…
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15 NovemberPubs and Bars
Nightcap sees FY21 losses widen to £5.3m
Nightcap has revealed that its pre-tax losses for the full-year ending 27 June 2021 have widened to £5.3m from £616,301 the previous year. Despite the losses, revenue grew to £5.9m from £5.2m and was boosted by the acquisitions of The London Cocktail Club Limited and its subsidiaries. In addition to…
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12 NovemberBusiness
Hospitality remains an ‘industry in peril’, UKH warns
The hospitality sector is ‘an industry in peril’ according to the latest edition of the UKHospitality and CGA Quarterly Tracker, which has revealed both Q3 2021 sales and full 12-month figures are nearly half what they were over the same period pre-pandemic. The data shows a 45% drop in sales…
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10 NovemberPubs and Bars
JD Wetherspoon sees LFL sales fall 8.9%
JD Wetherspoon has revealed that like-for-like sales for the first 15 weeks of the financial year were 8.9% lower than the record sales achieved in the same period in 2019. During the period, bar sales were 9.6% lower, food sales dropped 8.1% and fruit/slot machines were down by 12.3%. However,…
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5 NovemberFood and Drink
83% of consumers visiting venues back to pre-Covid levels, CGA finds
Data shows 83% of consumers are visiting pubs and restaurants the same amount or more often than pre-Covid-19, according to CGA’s latest Covid-19 Impact report. It revealed consumers said they are “happy” to support restaurants and/or bar staff by paying a higher price for food and drinks (31%), with around…
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3 NovemberFood and Drink
Private equity deals surge in F&B market
Of the 32 deals announced in the food and beverage sector in Q3, 44% involved private equity (PE), a “significant” increase compared to the 33% in Q2, according to new research from Grant Thornton. Grant Thornton’s latest food and beverage insights found that the total deal value for PE in…
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