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.
-
May- 2024 -8 MayRestaurants
Hospitality closures slow in Q1
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, according to data from CGA. The sector saw a 0.4% decline in total numbers between the start of January and the end of March, the third smallest…
Read More » -
Mar- 2024 -7 MarchTrade Associations
UKH Scotland urges govt to use extra £295m for sector support
UKHospitality Scotland has urged the Scottish government to allocate £295m towards supporting the hospitality industry. Calls from UKH to increase the government’s monetary support of the industry comes as Scotland will receive around £295m in additional funding through the Barnett formula. Since the start of the pandemic, Scotland has lost…
Read More » -
Feb- 2024 -6 FebruaryPubs and Bars
Compass commits over £3m Apprenticeship Levy funding
Compass Group UK and Ireland has announced it has supported 250 apprentice programmes across 170 organisations, committing over £3m of its Apprenticeship Levy. These funds have helped small and medium-sized enterprises, charities and social enterprises to invest in and develop their staff. Large employers that pay the Apprenticeship Levy can…
Read More » -
Jan- 2024 -2 JanuaryNews
Today’s news in brief – 02/01/24
The DLUHC has allocated £25m from the Community Ownership Fund to aid over 70 pubs, cinemas, and museums across the UK. This funding aims to sustain the operations of these community assets and ensure safety in communal areas. Each selected project will receive up to £2m, with 26 community centres,…
Read More » -
2 JanuaryTrade Associations
UKH sets out plan for 2024
UKHospitality has unveiled a three-point plan which it will focus on in 2024 to put hospitality at the “front and centre of policy making” ahead of the next General Election. The plan includes generating investment through root and branch reform of business rates, creating jobs through Apprenticeship Levy reform and…
Read More » -
Dec- 2023 -18 DecemberGovernment
10,000 hospitality groups may benefit from Scottish rates relief, reports find
Around 10,000 hospitality businesses would stand to benefit if the Scottish government heeded the calls from UKH Scotland and introduced a business rates relief scheme, replicating support in England, according to The Fraser of Allander Institute. The institute found that those businesses are ineligible for the small business bonus scheme,…
Read More » -
13 DecemberComment
How digitisation across the restaurant sector is set to evolve in 2024
As we reflect on the last year, it’s fair to say that the restaurant industry has continued to go through unprecedented digital transformation, as innovation in the sector accelerates. While these changes have presented disruptions and challenges, they have also provided restaurants with the opportunity to get creative and find…
Read More » -
Nov- 2023 -13 NovemberPubs and Bars
Daniel Thwaites turnover jumps 4% in H1
Daniel Thwaites has revealed that turnover for the half-year ended 30 September hit £60.3m, increasing by 4%. This is despite the group’s operating profit dropping from £9.9m last year to £8.8m for the half-year, which was attributed to the impact of property disposal at the hospitality group. Daniel Thwaites reported…
Read More » -
10 NovemberTrade Associations
Hospitality leaders call for ‘urgent action’ in Autumn Statement
Michelin-starred chefs and publicans have joined industry CEOs from more than 230 companies in signing an open letter to the chancellor calling for urgent support ahead of this month’s Autumn Statement. Tom Kerridge, Monica Galetti, Tom Aikens and Jodie Kidd were among the chefs and publicans included in the letter,…
Read More » -
8 NovemberTrade Associations
UKH urges govt to protect industry following King’s Speech
UKHospitality has urged the government to ensure there are measures in place to protect hospitality businesses from the effects of the cost-of-living crisis, following the King’s Speech yesterday (7 November). The bills outlined by the King included the carryover of the Digital Markets, Competition and Consumers Bills, which aims to…
Read More »
