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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Sep- 2020 -2 SeptemberBusiness
Hospitality leaders call on government to help boost London footfall
Business leaders in the hospitality sector operating in London are calling on the government to help boost footfall in the capital. Over 90 hospitality business owners, experts and representatives signed a letter requesting that Prime Minister Boris Johnson and Mayor of London Sadiq Khan deliver a coordinated campaign to support…
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2 SeptemberComment
Why the food and beverage sector now faces major insurance challenges
Mactavish, the specialist outsourced insurance buyer and claims resolution expert, is warning companies operating in the food and beverage sector that any significant operational changes they have made in response to Covid-19 could place them in breach of their existing insurance policy terms, potentially leaving them unable to access crucial…
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Aug- 2020 -28 AugustCoronavirus
Hospitality leaders not confident about summer growth, report finds
Only 6% of businesses in the hospitality sector are confident of growth across the summer, according to the latest research from Barclays Corporate Banking. The study of over 300 senior hospitality and leisure executives found that on average, businesses predict their earnings will fall by 41% year-on-year against 2019 sales. …
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28 AugustComment
Al Fresco pubs: How to create the perfect pub beer garden experience
A recent study carried out by Finder found that 60% of the UK’s adult population is currently working from home, a figure that is likely to remain relatively high until at least the end of the year. With consumers commuting far less into town centres, the expected footfall that the…
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26 AugustAdvice
Five stars: Top tips to get better reviews
Online reputation management – pretty much everyone working in hospitality knows the importance of it. In fact, having a positive online presence can make or break your business, with a staggering 76% of UK consumers admitting to checking internet reviews before choosing an establishment to eat or drink at. Think about it, if a potential customer searches for your…
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24 AugustCoronavirus
Record economic growth anticipated for Q3
The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp declines in GDP at the peak of the Covid-19 pandemic in Q2. According to the Financial Times (FT), City of London economists have predicted a 14.3% rise in GDP for…
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21 AugustComment
GMs must be front of house to reassure customers and staff post-lockdown
The best hospitality operators definitely took a ‘glass half full’ approach when lockdown was imposed and looked for the opportunities in a situation that was beyond their control, rather than railing against it. Enforced closure allowed for the reflection and review that are hard to make time for when you’re…
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20 AugustPubs and Bars
Greene King swings to loss in full-year results
Greene King has swung to a pre-tax loss of £273m in the full-year ended 26 April, down from a profit of £172.8m reported in 2019. It comes after exceptional and non-underlying costs hit £380.6m in the period, up from £74.1m the year before. In the same period, revenue fell by…
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19 AugustRestaurants
Pizza Express to close 73 sites, 1,100 jobs at risk
Pizza Express has formally launched a CVA in a bid to reduce its restaurant estate and rental cost base following the pandemic. The CVA proposal will see the permanent closure of 73 restaurants, resulting in a loss of 1,100 jobs. The casual dining chain first announced it had reached an…
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18 AugustUncategorized
CBILS – Why it’s important to the hospitality sector and how it could help you
The Coronavirus Business Interruption Loan Scheme, delivered through 60+ British Business Bank accredited lenders, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the COVID-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who…
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