Economic Growth
Reporting focuses on how wider economic trends influence the UK hospitality and foodservice sector, including shifts in GDP, consumer confidence, business investment, inflation, and labour market conditions. Coverage offers analysis to help restaurant groups, pub operators, and caterers understand macroeconomic forces shaping demand, expansion plans, and long-term strategy.
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Jan- 2020 -29 JanuaryBusiness Bites
British Airways gets flighty and Starbucks smells the coffee over coronavirus
The business response to the coronavirus situation, which appears to be developing into a serious crisis, continues apace today. British Airways today announced that it was suspending all flights between the UK and Wuhan, the Chinese city where the virus originally broke out. In a statement it said: “We have…
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17 JanuaryBusiness Bites
The trillion-dollar club has gained Google as a member
Remember at school when teachers used to explain how one million was an essentially incomprehensibly large number? I recall one of mine showing the number represented on a huge rolled out piece of paper as wide and long as a carpet, with precisely one million individual dots. I was about…
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Dec- 2019 -12 DecemberBusiness Bites
Businesses are sitting on £115bn and waiting to splurge
Goldman Sachs thinks money will pour into UK stocks and shares after this election, but it’s at least partly because they suspect a Tory victory. Regardless of which side of the Brexit divide you are on, there is one thing that’s for certain: business has been extremely cautious about the…
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Nov- 2019 -20 NovemberTrade Associations
UKHospitality launches new manifesto supporting UK’s hospitality sector
UKHospitality has published its new manifesto which outlines its desires of change from the incoming Government and the new Parliament in support of the UK’s hospitality sector. The document, Menu for Change, outlines “opportunities” for the incoming Government to support, and work collaboratively with, a sector that employs 3.2 million…
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Oct- 2019 -1 OctoberBusiness
Consumer spending on restaurants slumps in Q2 2019
Consumer spending on restaurants and hotels has decreased by 0.7% in Q2 2019, according to a new report from the ONS. Its Consumer Trends report for the second quarter has revealed the figures to be the biggest negative contributor to economic growth in the UK. In Q1 and Q2 combined,…
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Jul- 2019 -12 JulyOpinion
Sugar tax review would be sweet news for catering trade
The sugar tax has hit the headlines again as the Conservative Party leadership race heats-up. Boris Johnson is pledging to review and halt the soft drinks industry levy, while before pulling out Matt Hancock made plans to extend the tax to include more items such as milk-based drinks. In the…
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Apr- 2019 -18 AprilFeatures
Taking a stance on sustainability
Sustainability is something that all industries need to pay attention to if we are to reduce our negative impact on the environment. One of the main aspects around sustainability concerns how we use energy and the resulting carbon emissions from its consumption — all of which can deplete our natural…
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Nov- 2018 -1 NovemberBusiness
Bank of England puts hold on interest rates due to Brexit uncertainty
The Bank of England has placed interest rates on hold following growing uncertainty around Brexit. A vote to leave rates unchanged held by the bank’s Monetary Policy Committee (MPC) was in favour of leaving rates at 0.75% by 9-0. Financial markets are currently indicating that rates will not rise until…
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