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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Dec- 2022 -22 DecemberBusiness
Hospitality real terms sales behind pre-pandemic levels
Hospitality turnover for the year ended September 2022 increased 1.3% to £135bn but this is a real terms decrease compared with 2019, according to data from CGA. Inflationary pressures have meant that even though a 1.3% increase is the first time a full-year figure has been above pre-pandemic levels, it…
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Nov- 2022 -18 NovemberGovernment
Industry reacts: ‘More is needed’ from Autumn Statement
The hospitality industry has warned that the chancellor’s Autumn budget, unveiled yesterday (17 November), does not go far enough with plans for economic growth, adding that “more is needed” to support pubs and breweries. Responding to the Autumn Statement, UKHospitality CEO Kate Nicholls, said she was “pleased that the chancellor…
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14 NovemberBusiness
Hospitality faces £900m business rates hike
Hospitality businesses will face a £3.6bn bill next April if business rates increase in line with inflation and current relief is ended, a business rates increase of £900m, on top of the £2.7bn the sector currently pays. Ahead of the Autumn Statement this week, UKHospitality CEO Kate Nicholls is urging…
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11 NovemberPubs and Bars
Hospitality sales rise by 4% in British cities
Pubs, bars, and restaurants have reported positive sales in Britain’s major cities, despite high inflation making real-terms growth “very difficult”, according to CGA. Its latest ‘Top Cities’ report found that combined sales in Britain’s 10 most populous cities in the four weeks to 22 October 2022 were 4% higher than…
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Oct- 2022 -17 OctoberPubs and Bars
Hospitality driving recovery in cities post-Covid, CGA finds
The hospitality sector is driving the economic recovery of major cities post-pandemic, with Birmingham reported as the most vibrant city thanks to its restaurants, pubs and bars, the CGA has found. Its latest ‘Top Cities’ report, conducted alongside connectivity solutions provider Wireless Social, provided a ‘vibrancy’ ranking of Britain’s 10…
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12 OctoberGovernment
UKH welcomes Energy Prices Bill
UKHospitality chief executive Kate Nicholls has welcomed the Government’s new Energy Prices Bill adding that it will provide “relief to all manner of hospitality businesses”. Under the new bill, consumers will pay a fairer price for their electricity as the UK government introduces new emergency powers that will ensure consumers…
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Sep- 2022 -23 SeptemberNews
Chancellor announces sweeping tax cuts in first mini-budget
Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as part of the new government’s first mini-budget. Setting out his aims for economic growth, Kwarteng said that he wants the economy to increase by 2.5% annually in the medium-term, through…
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Jul- 2022 -18 JulyPubs and Bars
New PM must support beer and pubs, BBPA urges
A letter urging the new leader of government to support pubs during the cost of living crisis has been penned by The British Beer and Pub Association (BBPA) . The letter urges any new leader to “rebalance the UK’s alcohol duty system to support UK pubs and brewers, reduce the…
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May- 2022 -23 MayRestaurants
UKH: hospitality the ‘solution’ to gov’s levelling up policy
UKHospitality has released a new report, Level up hospitality – level up society, which aims to “highlight how the sector is positioned to deliver growth and opportunity across the country and play its part in generating jobs and economic growth”. The report identifies the six areas in which the UKH…
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Feb- 2022 -25 FebruaryFeatures
Pay increases: A balancing act
“While the pandemic has impacted all industries, few have had to overcome ‘harder’ or ‘more numerous blows’ than the hospitality sector,” as evident from Peckwater Brands latest research. Whilst many challenges continue to hinder the industry today – it has decided to award “record” pay rises in a bid to…
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