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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Nov- 2020 -24 NovemberComment
The four post-lockdown personas – and how to cater to each one
If the UK hospitality sector has demonstrated any collective characteristic during this turbulent year, it is resilience. In responding to new restrictions while adapting to ever-changing government guidelines, operators across the country have demonstrated their ability to accommodate guests and create exceptional hospitality experiences, despite the challenges of a pandemic.…
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24 NovemberCatering Companies
Compass profit plummets 82% in full-year results
Compass has reported that operating profit plummeted 82% to £294m in the year ended 30 September, down from a profit of £1.6bn reported the year before. The catering company also saw revenue fall by 19.8% to £19.9bn due to the ongoing impact of Covid-19, as well as resulting lockdown restrictions…
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12 NovemberBreweries and Distilleries
Young’s swings to pre-tax loss of £19m
Young’s, the pub chain and brewery, has reported a pre-tax loss of £19.2m in its interim results for the 26 weeks ending 28 September. The results come after the company reported pre-tax profits of £26.6m during the same period last year. While total revenue for the ten weeks since opening…
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10 NovemberCoronavirus
Employment stats ‘reinforce need for targeted support’, says UKH
The release of ONS employment figures “highlights the scale of the crisis” currently being faced by hospitality businesses and emphasises the need for additional support for the sector, according to UKHospitality. The figures showed that a record 314,000 people lost their job in the three months to September as the…
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10 NovemberNews
The City Pub Group appoints new COO
The City Pub Group has announced the appointment of Toby Smith as COO of the company, a newly created role which will begin with immediate effect. Smith brings with him 25 years of experience in UK hospitality, having previously held CEO roles at Stonegate Pub Company, Novus Leisure and Town…
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9 NovemberCoronavirus
Government extends restaurants and pubs takeaway permission
The Communities Secretary, Robert Jenrick, has reportedly extended the automatic permission for pubs and restaurants to serve takeaway food and drinks until 2022. The extension means that businesses will not have to obtain planning permission to provide takeaways until March 2022. According to i, Jenrick is set to make the…
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6 NovemberFood and Drink
Papa John’s revenues surge 17% in Q3
Papa John’s has announced that total group revenue increased 17.1% to $472m (£360.4m) in the third quarter ended 27 September, compared with $403m (£307.6m) in 2019. Pre-tax income rose to $20.8m (£15.9m) in Q3 from $678,000 (£516,324) last year, attributed to an increase in demand during the global pandemic. In…
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4 NovemberTrade Associations
CAMRA welcomes easing of takeaway beer restrictions
Trade associations have welcomed the government’s plans to ease restrictions on the takeaway sale of beer and cider from restaurants during lockdown. According to new legislation, pre-ordered alcohol can be collected by customers as long as they do not enter the premises. Nik Antona, CAMRA’s national chairman, said: “I am…
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2 NovemberPubs and Bars
Brighton Pier Group revenue falls 29.4%
The Brighton Pier Group has reported a 29.4% decrease in revenue in its final financial results for this year to £22.6m. The group, which owns and operates Brighton Place Pier and 12 bars nationwide, said the prolonged closures due to lockdown resulted in “impairments to goodwill, property, plant and equipment…
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Oct- 2020 -26 OctoberRestaurants
Iberica closes two sites in CVA, 135 jobs saved
Iberica, the Spanish tapas restaurant and bar group owned and operated by Iberica Food and Culture Limited, has preserved 135 jobs after a successful CVA restructuring. The Iberica CVA was approved in late September, securing over 99% support from creditors, with every landlord among them voting in favour. Although Iberica’s…
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