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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Apr- 2020 -30 AprilComment
Q&A with Scot Turner
How has your business dealt with the lockdown, and what steps have you taken in light of the pandemic? It has been a challenging time for all! We’ve had to change our business model, consolidating locations to minimise manpower and overheads in order for us to keep the business open.…
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29 AprilBusiness Bites
The aviation industry is now in very serious trouble
In a sign of just how distressed the aviation industry is, British Airways has announced plans to lay off 30% of its workforce, or about 12,000 employees, and says it expects it to take several years before passenger volumes return to 2019 levels. The chief executive, Alex Cruz, wrote to…
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23 AprilCoronavirus
1 million hospitality jobs at risk without reopening plan, says UKH
An extended period of social distancing could cost one million jobs unless measures to protect hospitality businesses are put in place, according to UKHospitality (UKH). On the day that professor Chris Whitty warned that social distancing measures could last beyond 2020, UKH revealed it has written cabinet office minister, Michael…
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21 AprilCoronavirus
Comptoir group remains ‘confident’ despite crisis
The Comptoir group has revealed it remains “confident” for the business, despite group revenue falling 2.7% to £33.4m in the full-year ended 31 December 2019. Gross profit increased 0.6% to £24.9m, however. The group added that despite the “challenging” economic climate, trading for the full year has been in line…
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17 AprilCoronavirus
Restaurant, pub and bar sales nosedive 60% in March
Collective like-for-like sales tumbled 57.6% in March amongst the pub, restaurant and bar sector as the nationwide lockdown began, according to the latest Coffer Peach Business Tracker. According to its data, the entire sector was “hit hard”, with a slowdown in sales, which started in February, continuing over the first…
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14 AprilCoronavirus
Petition for Tronc payments to be included in furlough wages hits 6,000 signatures
A petition launched on change.org calling for the government furlough scheme to include tronc payments for hospitality staff has hit over 6,000 signatures. Currently, under the Job Retention Scheme, tronc payments such as tips and gratuities are not not included in the amount paid to furloughed workers. The petition, created…
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9 AprilCoronavirus
UKHospitality welcomes licensing flexibility during Covid-19 lockdown
UKHospitality has welcomed the Government’s recommendation of “additional flexibility” for licensees affected by Covid19. The Home Office has written to local authorities recommending “flexibility when safeguarding the licensing objectives”. The letter recommends a “considered and pragmatic approach should be taken to breaches of licence conditions and procedural defects caused by…
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7 AprilCoronavirus
Hospitality workers deserve full earnings from furlough scheme, says UKH
UKHospitality has urged the Government to reconsider its decision to exclude tronc payments from the Coronavirus Job Retention Scheme. Under the Job Retention Scheme, tronc payments such as tips and gratuities will not be included in the amount paid to furloughed workers. UKHospitality chief executive Kate Nicholls said the decision…
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1 AprilCoronavirus
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. The group predicted that the closures would take place within the next four weeks despite government support measures, as the pandemic continues to unfold and affect retail. The network, which…
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Mar- 2020 -12 MarchComment
Coronavirus: How to mitigate revenue and footfall declines
This week, UK trade body UKHospitality called on the government to support the hospitality industry as it deals with the ongoing and wide-spread threat of the coronavirus. Latest figures released by the trade body state that eating and drinking out has declined by 7%, while forward bookings across hotels, restaurants,…
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