Covid-19
Our COVID-19 coverage captures the full impact of the pandemic on the UKโs 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.
-
Nov- 2021 -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,…
Read More » -
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 CGAโs latest Covid-19 Impact report. It revealed consumers said they are โhappyโ to support restaurants and/or bar staff by paying a higher price for food and drinks (31%), with around…
Read More » -
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 โsignificantโ increase compared to the 33% in Q2, according to new research from Grant Thornton. Grant Thorntonโs latest food and beverage insights found that the total deal value for PE in…
Read More » -
1 NovemberCatering Companies
Hilton Food Group acquires Fairfax Meadow for ยฃ23.8m
Hilton Food Group has announced it has acquired 100% of the share capital of Fairfax Meadow Europe Limited, the leading meat supplier to the UK foodservice sector, paying cash consideration of ยฃ23.8m. The acquisition of Fairfax Meadow will improve access for Hilton to the out-of-home channel, using existing partnerships and…
Read More » -
Oct- 2021 -26 OctoberRestaurants
The Holcombe set to reopen
The Holcombe, a recently upgraded 17th Century restaurant with 11 bedrooms, has opened after an โextensiveโ upgrade. It is located in the northeast of the Mendip Hills in Somerset, just 30 minutes from Bath. It opens after an upgrade which was overseen by designer Annabelle Holland, and is owned and…
Read More » -
19 OctoberFood and Drink
UK hospitality growth outpaces all sectors, Lloyds Bank finds
Hospitality businesses outpaced the rest of the UK economy for the first time in more than nine years during September, according to the latest Lloyds Bank UK recovery tracker. Tourism and recreation including pubs, hotels, restaurants, leisure facilities and travel agents, was the fastest growing UK sector monitored by the…
Read More » -
14 OctoberBusiness
UK GDP grows 0.4% in August amid hospitality boost
Gross domestic product (GDP) is estimated to have grown by 0.4% in August 2021, and was boosted by the hospitality sector, according to the latest Office of National Statistics data. Services output grew by 0.3% in August 2021 with output in consumer-facing services increasing by 1.2%, while all other services…
Read More » -
11 OctoberNews
Brakspear records 45% drop in turnover as pandemic impact continues
J T Davies and Sons, the parent company for Henley-based pub operator Brakspear, has announced it is still being impacted from Covid-19 with turnover falling 45% to ยฃ19.4m for the year ending 27 December 2020. It also revealed a reported loss before tax of ยฃ221k for 2020, a decline of…
Read More » -
8 OctoberFood and Drink
Just Eat launches new service for hybrid workers
Just Eat has launched Just Eat Pay in the UK, a new employee benefit service for businesses across the UK through its corporate arm, Just Eat for Business. The new solution acts as an online canteen, allowing small, medium and large businesses to provide employees with a daily or monthly…
Read More » -
7 OctoberPubs and Bars
Revolution Bars welcomes โexcellentโ Q1 trading
Revolution Bars Group has revealed that it has experienced โexcellentโ trading so far this year in a Q1 update. In the period from 19 July 2021 to 2 October 2021 the group said its sites experienced โstrong demandโ delivering a same site sales growth of 17% when compared to pre-Covid…
Read More »
