GDP
Reporting focuses on the implications of UK economic growth data for the foodservice and hospitality sector, including how GDP trends affect consumer spending, investor confidence, supply chain stability, and business sentiment. Coverage is designed to help operators, F&B executives, and catering professionals assess macroeconomic conditions that influence trading performance, expansion plans, and long-term resilience.
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May- 2025 -6 MayApps & Technology
Deliveroo to be acquired by US rival DoorDash in £2.9bn deal
Deliveroo has announced it has agreed to a £2.9bn takeover deal from US delivery platform rival Doordash. The delivery giants said the deal will help improve Deliveroo’s market share while the “complementary geographic regions” will see Doordash enter nine new countries for the first time, including the UK. The news…
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Mar- 2025 -26 MarchGovernment
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part of her Spring Statement today (26 March). UK businesses had been hopeful the chancellor would raise the relief rate for retail, hospitality, and leisure after cutting it to 40% in…
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20 MarchBusiness
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to its lowest level since June 2023. At its meeting ending on 19 March, the bank’s monetary policy committee (MPC) voted by a majority of 8–1 to maintain the rate at…
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Feb- 2025 -24 FebruaryBusiness
April cost hikes may force 70% of hospitality firms to cut jobs
A survey by hospitality trade associations has revealed that rising employment costs and reduced rates relief in April will force 70% of businesses to cut jobs, threatening workers’ incomes. The survey by The British Beer and Pub Association, the British Institute of Innkeeping, Hospitality Ulster and UKHospitality also revealed that…
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6 FebruaryBusiness
BoE cuts interest rates to 4.5%
The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June 2023, but warned that GDP growth has been “weaker than expected”. At its meeting this week, the bank’s monetary policy committee voted by a majority of 7–2 to reduce the…
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Jan- 2025 -24 JanuaryAnalysis
How hospitality saved November and why it needs saving in April
The Office for National Statistics’ November 2024 GDP numbers highlight how important the hospitality industry is to the UK economy. It is evident that this industry continues to be a pillar of economic recovery, with the food and beverage subsector leading the economy in terms of performance, and hotels following…
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16 JanuaryNews-In-Brief
Today’s news in brief – 16/01/25
Individual Restaurants has reported “record” Xmas sales growth of 14% across its portfolio of brands Piccolino, Riva Blu, and Restaurant Bar and Grill. Like-for-like sales for the group increased by 8% in December, whilst covers increased by 4% year-on-year. The year has been fuelled by strategic investments across its portfolio…
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16 JanuaryBusiness
Hospitality helps drive economic growth in November
Food and beverage was the highest performing sector of the economy in November, according to November GDP estimates released by the Office for National Statistics (ONS). The accommodation and food service activities subsector saw output rise by 2.0% in the month, following a fall of 1.2% in October 2024. Both…
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Dec- 2024 -19 DecemberBusiness
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation and wage growth. At its meeting this week, the bank’s monetary policy committee voted by a majority of 6–3 to maintain the current rate. Three members voted to reduce interest…
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Nov- 2024 -18 NovemberPubs and Bars
Licensed premises rise 0.7% in Q3 despite budget pessimism
The number of licensed premises have risen for a second successive quarter by 0.7% between July and September, according to a new Hospitality Market Monitor from CGA by NIQ and AlixPartners. This rise was equivalent to approximately 661 net new openings, or seven per day, and follows a 0.5% rise…
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