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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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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2 MarchBusiness Bites
Entrepreneurs relief may be scrapped by Sunak
The new chancellor, Rishi Sunak, may scrap entrepreneur’s relief to raise £3bn a year as a means to bring in some extra dosh for the Treasury. Sunak will undoubtedly be looking for ways to raise extra revenue given the government’s infrastructure spending plans as it seeks to make a visible…
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Feb- 2020 -28 FebruaryBusiness Bites
Coronavirus sends ripples through markets, governments, companies and the public
Apologies for the repetition, but the new coronavirus is causing such a serious global reaction today it would be silly to focus on other things, so here are four key stories about what looks to be developing into a full blown international crisis. The FTSE 100 has lost nearly £200…
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12 FebruaryNews
3 Trends that Will Change the Restaurant Industry in 2020 – What to Know
The restaurant industry in the UK is one that is rapidly changing and where competition is fierce. To survive, some food and beverage businesses have adopted creative measures to continue serving their customers while also preserving their margins. These practices are beginning to see widespread use, and this year, we’ll…
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4 FebruaryRestaurants
Searcys welcomes ‘successful’ 2019
British restaurateur and catering company Searcys said it is “pleased” to report the group had a “successful” 2019. Last year, the hospitality group hosted over 15,000 commercial events across its portfolio and accommodated over 380,000 guests across its restaurants. This led to a reported revenue increase of 17.5% from 2018,…
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Jan- 2020 -31 JanuaryBusiness Bites
The whole Amazon thing is getting scary now
The ‘growth of online retail’ is now so proverbial that the phrase itself is nearly redundant. Is anyone surprised to learn this morning that Amazon has absolutely rampaged through the Christmas retail season, while scores of well-known bricks-and-mortar retailers reported a torrid set of financial results for the same period? No, me…
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22 JanuaryFeatures
Trends that will shape food service in 2020
After a tough couple of years that have seen major chains falling like dominos, the foodservice industry last year saw the faintest glimmer of recovery. But it is still growing at under 1% per year, and considering the population of the UK is growing at around 0.6% a year, that…
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17 JanuaryBusiness Bites
The trillion-dollar club has gained Google as a member
Remember at school when teachers used to explain how one million was an essentially incomprehensibly large number? I recall one of mine showing the number represented on a huge rolled out piece of paper as wide and long as a carpet, with precisely one million individual dots. I was about…
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15 JanuaryBusiness Bites
Boohoo more valuable than M&S – a sea-change encapsulated
From a purely journalistic standpoint it is now a de facto cliché to refer to Marks and Spencer as the “high street bellwether”, yet that is the status it has held for so many decades. The once mighty monolith was the first British retailer to reach a market capitalisation of £1bn and…
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Dec- 2019 -16 DecemberRestaurants
Franco Manca revenues jump 9.3% in half-year results
Fulham Shore, parent company of Franco Manca and Real Greek has reported a 9.3% increase in revenues to £36m compared with £33m in 2018, in the six months to 29 September. The group also reported EBITDA was £8.4m after the adoption of accounting method IFRS 16, compared with £4.6m last…
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