Recession

Contract caterers achieve 10% sales growth in Q2

Contract caterers saw sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an…

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Food and Beverage M&A activity reaches highest deal volume since 2016

M&A in the UK food and beverage sector reached its highest deal volume since T1 2016 according to the new…

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Hospitality confidence dips amid soaring costs

Some 41% of the UK’s top hospitality groups currently feel confident about the hospitality market over the next 12 months,…

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Why are insolvencies more likely to affect the hospitality sector?

According to PwC’s outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of…

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JKS Restaurants turnover doubles in FY22

The operator of Gymkhana, Hoppers, Sabor and Kitchen Table, JKS Restaurants, has revealed that turnover has almost doubled to £50m…

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UK F&B M&A activity up 68.2% despite absence of higher market deals

UK Food and Beverage M&A activity has seen a 68.2% increase in the volume of deals (37 transactions) compared with…

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Restaurant spending down in August, Barclays finds

Restaurant spending dropped by 5.8% in August after dropping 2.7% in July, according to new data from Barclays. According to…

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Loans repayment, inflation, staff shortages: what else we can expect from hospitality insolvencies?

What are the potential reasons for the continued increase in the number of hospitality insolvencies we’ve seen recently? Glyn: I…

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Discounts and freebies: what else can loyalty programmes offer?

Restaurateurs and bar owners will be well used to the concept of a customer loyalty programme. From the large chains…

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BoE raises interest rates to 4.25%

The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate…

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