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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Jun- 2020 -25 JuneCafes and Coffee Shops
Pret a Manger to pay just 30% of rent payments next quarter
Pret a Manger will pay only 30% of its rent over the next quarter after it warned it does not have “sufficient funds” to pay the bill in full. In a letter to landlords seen by the Evening Standard, chief executive Pano Christou warned landlords that the chain was in…
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25 JuneNews
Young’s raises £88m from investors
Young’s has tapped more than £88m from its investors through a share placing ahead of pubs reopening from next week. The pub operator said it had placed a total of 4,263,453 placing shares at 1,160p per share, and 4.9m non-voting shares at 735p per share to raise £85.5m. In addition,…
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24 JuneCoronavirus
Nine out of 10 people want hospitality to ‘grab safety mantle from gov’, survey finds
A consumer insight report to assess the impact of Covid-19 on consumer habits has found that 89% of consumers would like to see outlets going “above beyond” any government advice, to provide “maximum protection”. The Safe to Trade consumer insight report, designed to track customer sentiment around returning to food…
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23 JuneCoronavirus
Pret a Manger: job cut fears grow amid sliding sales
There are reportedly growing fears of imminent job cuts at sandwich shop chain Pret a Manger after a leaked video revealed a significant drop in sales. According to BBC News, a video has been leaked showing Pret boss Pano Christou telling staff that an announcement would be made about the…
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22 JuneCoronavirus
UKH survey reveals ‘protracted recovery’ for sector
The latest UKHospitality (UKH) survey has revealed that hospitality businesses are predicting a “lengthy and painful” recovery post-lockdown, with trade levels expected to be “significantly suppressed” for many months. The findings revealed low expectations across the sector, with responses from a range of different operators within the industry. The survey…
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12 JuneApps & Technology
17% of food businesses increased revenue during pandemic, study finds
A survey of over 300 food businesses including restaurants, cafe and deli owners, has found that those who were quickly able to offer online ordering were able to “protect or in fact grow” revenue during lockdown. The survey carried out by food technology software provider Nutritics, found that 17% who…
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4 JuneNews
Young’s plans reopening amid ‘impacted’ sales
Young’s saw its profit slump 11.3% in the year ended 30 March 2020, after the pandemic had a “significant impact” on its full-year results. The pub operator said that lockdown had a “disproportionate” impact on profits, estimated to be £7.7m due to the “limited opportunity” for mitigating actions. In addition,…
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3 JuneComment
Social distancing will end the restaurant as we know it
Overall, the UK government deserves praise for providing swift financial support to small businesses. Here at Bia Rebel we have availed ourselves of that support and in an attempt to keep our staff and customers safe we stayed closed. However, now that restrictions are being eased somewhat and everyone is…
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1 JuneComment
The coronavirus diaries: Jason Webb
ETI’s primary customer base, the food & drink and hospitality sectors, have been hit hard since lockdown measures were introduced. This sudden change forced us as a business to think hard about what we could do to make it through this pandemic. Located in Worthing, West. Sussex, across three sites…
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May- 2020 -28 MayCoronavirus
Additional support for Scottish hospitality does not go far enough, says UKH
UKHospitality has warned that additional business support from the Scottish Government does not go far enough and will result in business failures and lost jobs. Yesterday, Cabinet Secretary for Economy, Fair Work and Culture, Fiona Hyslop, announced further support for Scottish businesses including extending the small business retail, hospitality and…
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