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.

  • Dec- 2023 -
    18 December
    Government10,000 hospitality groups may benefit from Scottish rates relief, reports find

    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,…

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  • 13 December
    CommentHow digitisation across the restaurant sector is set to evolve in 2024

    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…

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  • Nov- 2023 -
    13 November
    Pubs and BarsDaniel Thwaites turnover jumps 4% in H1

    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…

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  • 10 November
    Trade AssociationsHospitality leaders call for ‘urgent action’ in Autumn Statement

    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,…

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  • 8 November
    Trade AssociationsUKH urges govt to protect industry following King’s Speech

    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…

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  • Oct- 2023 -
    20 October
    BusinessUKH warns of inflation-linked rates rise

    UKH warns of inflation-linked rates rise

    With inflation standing at 6.7% in September, UK Hospitality has warned that the hospitality industry could face an additional £234m in business rates, if the government is to go ahead with its planned inflation-linked rise in April. This combination would leave hospitality facing a huge £864m in business rate costs…

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  • Aug- 2023 -
    14 August
    Catering CompaniesNationwide Caterers Association becomes UKEvents’ newest partner

    Nationwide Caterers Association becomes UKEvents’ newest partner

    UKEvents, the umbrella organisation for the events industry, has announced the Nationwide Caterers Association (NCASS) as its newest partner. According to UKEvents, NCASS is the “only” membership organisation in the UK to support independent food and drink businesses and has been supporting its members to be “safe”, “legal”, and “profitable”…

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  • 7 August
    FeaturesThe industry reacts to the new alcohol duty hike

    The industry reacts to the new alcohol duty hike

    Last Tuesday (1 August), the significant shake-up of alcohol taxation arrived, meaning that tax is now levied based on a drink’s strength. This means that the overall duty on most wines and spirits have increased, while taxes on lower alcohol drinks and most sparkling wines have fallen.  The changes, which…

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  • Jul- 2023 -
    5 July
    CommentCatering to Britain’s future: Nurturing hospitality and entrepreneurship post-Brexit

    Catering to Britain’s future: Nurturing hospitality and entrepreneurship post-Brexit

    As the country continues to navigate a new chapter outside of the EU, it is becoming even more crucial to identify those sectors that have the capability to drive economic growth and foster innovation. Catering is an industry that has proven its resilience and thirst for innovation over recent years,…

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  • Jun- 2023 -
    14 June
    Trade AssociationsHospitality can deliver £29bn economic boost with right support, says UKH

    Hospitality can deliver £29bn economic boost with right support, says UKH

    In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…

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