Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Jul- 2021 -21 JulyRestaurants
Loungers FY losses remain flat despite sales revival
Loungers saw its losses before tax remain relatively flat at £14.7m for the year ended 18 April 2021, despite a return to sales growth following the reopening of hospitality. The cafe, bar, and restaurant group reported a like-for-like sales increase of 23.7% in the nine weeks to 18 July 2021,…
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19 JulyBusiness
Hospitality spending 70% below pre-pandemic levels, says ONS
Consumer spending within the hospitality industry has remained at less than 70% of pre-pandemic levels, according to the latest report by the Office of National Statistics (ONS). Despite turnover increasing to £6.9bn in May 2021 from £1.2bn the prior year, the figure is still around 25% lower compared with May…
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8 JulyPubs and Bars
Fuller, Smith and Turner swings to £59.2m loss
Fuller, Smith and Turner has swung to a pre-tax loss of £59.2m for its FY21 results ending 27 March 2021, down from a profit of £166.2m the prior year. The loss was attributed to the fact that 71% of the group’s estate was closed during the year due to Covid…
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5 JulyApps & Technology
No-shows to cost UK restaurants up to £6.2m
UK restaurant owners could lose out on up to £6.2m if the rising “no-show” trend continues at its current trajectory. According to research conducted by restaurant booking platform TheFork, 19% of Brits have admitted to failing to arrive for a restaurant reservation over the past four weeks. The group has…
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2 JulyTrade Associations
UKH demands review of isolation guidelines
UKHospitality (UKH) is urging the government to immediately review and amend its test and trace guidelines regarding self-isolation. The trade association revealed that the current guidelines are “massively disruptive” for businesses in the sector, which has led to venue closures and reduced operating hours. Furthermore, UKH warned of the damage…
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1 JulyPubs and Bars
Revolution Bars Group FY21 performance to be ‘ahead’ of expectations
Revolution Bars Group said it expects FY21 performance for the year ended 3 July 2021, to be “ahead” of previous management expectations with an EBITDA loss pre adjustments of £12.5m. The news follows a “significant improvement” to the group’s net bank debt of £5m following the period of trading and…
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Jun- 2021 -30 JuneFood and Drink
Cake Box FY21 revenue climbs 16.9% to £21.9m
Cream cake retailer Cake Box saw revenues spike 16.9% year-on-year to £21.9m for the full year ended 31 March 2021. The group’s adjusted pre-tax profit also jumped in the period, up 24.8% from £3.8m in FY20 to £4.7m in FY21. Cake Box’s strong performance was driven by an 84% growth…
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17 JuneCoronavirus
Beer sales during Wales match 60,000 pints lower due to table service
Beer sales during the Wales v Turkey match on 16 June were 60,000 pints lower than if the game had been shown without restrictions, analysis by the Welsh Beer and Pub Association has found. The trade association said ongoing restrictions are “negatively impacting” the experience of watching UEFA EURO 2020…
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10 JuneTrade Associations
Hospitality industry welcomes new licensing regulations
The UK government has announced new licensing regulations to further support the hospitality sector as it recovers from the Covid-19 pandemic. Among the new regulations, which apply to England and Wales, are an extension of the automatic off licence flexibility to the end of September 2022 and an increase of…
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May- 2021 -28 MayTrade Associations
Table service only will see pubs lose £80m, says BBPA
Restrictions currently placed on pubs including table service only will lead to them losing out on £80m in revenue from pint sales – down 34% on revenue for a normal spring bank holiday weekend, according to the British Beer and Pub Association (BBPA). The trade association said that despite a…
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