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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Dec- 2020 -8 DecemberNews
UKH warns hospitality sector at ‘rent tipping point’
UKHospitality has warned that the sector is on a countdown to a “rent tipping-point” that will trigger a new year of hospitality business failures and potentially hundreds of thousands more jobs lost. The government has reportedly so far shielded businesses from eviction and the “aggressive enforcement activity” by landlords over…
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2 DecemberNews
Loungers posts 33% revenue drop
Loungers, the owner of Lounge and Cosy Club, has reported that revenue fell by a third for the 24 weeks ended 4 October, when compared to the same period last year. The group claimed that the drop in revenue of £26.3m to £53.5m was a direct result of the national…
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Nov- 2020 -27 NovemberCoronavirus
Fullers swings to £22m pre-tax loss
Pub chain Fullers has reported a £22.2m pre tax loss from the six months ending in September, with chief executive Simon Emeny adding it will be a “tough winter” for the company. In the businesses financial results for the 26 weeks to 26 September 2020 it revealed it had made…
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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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