RSM
Our RSM coverage focuses on the latest research, reports, and expert commentary from RSM UK that impact the foodservice and hospitality sector, including financial health trends, insolvency risk data, inflation insights, and business advisory relevant to restaurants, pubs, bars, and catering operators. We highlight RSM’s analysis on market pressures, operational costs, and sector resilience, providing operators with essential intelligence to inform strategy, investment, and financial planning.
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Sep- 2019 -11 SeptemberGovernment
Corbyn’s £10 minimum wage pledge ‘difficult to stomach’ for restaurants
Jeremy Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if the Labour party is elected to government. In a speech delivered to the Trades Union Congress (TUC) in Brighton, Corbyn said Labour would also deliver action on the gender pay gap, equal rights for…
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9 SeptemberCatering Companies
Pub and restaurant groups maintain summer momentum
Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.6% in August compared with the same time last year. Drink-led pubs and bars, recorded the greatest growth, as sales increased 4.1% on the back of late month heatwave, according to the latest figures from the Coffer Peach Business…
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Aug- 2019 -12 AugustRestaurants
Pub and restaurant groups see steady sales growth in July
Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.2% in July compared with the same time last year. The latest figures from the Coffer Peach Business Tracker show restaurant chains recovering strongly after a “poor” summer in 2018. Restaurant groups saw like-for-like sales up a healthy 3.8%…
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Jun- 2019 -24 JuneRestaurants
Pod sold to ASK Italian owner in pre-pack administration
Pod Food Limited has been sold to Azzurri Group, owner of the ASK Italian, Zizzi, Coco di Mama and Radio Alice brands. The sale was via a pre-pack administration after Damian Webb and Allan Kelly of RSM Restructuring Advisory LLP were appointed administrators of Pod Food Limited on the 21…
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11 JuneBusiness
Pub and restaurant groups report zero growth in May
Britain’s managed pub and restaurant groups saw trading flat-line in May, according to latest figures from the Coffer Peach Business Tracker. Collective like-for-like sales growth across the market was zero, compared with the same period last year. Regionally, London saw like-for-like sales down 0.6%, while outside the M25 same-site sales…
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May- 2019 -13 MayBusiness
Easter heatwave boosts drink sales while eating-out market suffers
The hot Easter weekend delivered different outcomes for Britain’s managed pub and restaurant groups, latest figures from the Coffer Peach Business Tracker show. While pub sales surged, restaurants took a hit during the month of April. Pub and bar chains reported collective like-for-like sales up 5.3% for the four-day break…
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Apr- 2019 -15 AprilBusiness
Better March weather boosts pub and restaurant trading
Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 3.8% in March compared to the same month last year, when trading was hit badly by the effects of the ‘Beast from the East’, latest figures from the Coffer Peach Business Tracker show. London, which was hit worse than…
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Mar- 2019 -11 MarchBusiness
Pubs see Feb sales boost as restaurants continue to struggle
Britain’s managed pub and restaurant groups saw collective like-for-like sales increase just 0.3% in February against the same month last year, according to latest figures from the Coffer Peach Business Tracker. While managed pub groups enjoyed a 1.4% increase in collective like-for-like sales, restaurant groups saw a collective decline recording…
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Feb- 2019 -18 FebruaryBusiness
Pubs and and restaurants suffer ‘January sales hangover’
Britain’s managed pub and restaurant groups saw sales slump in January after a strong Christmas, according to latest figures from the Coffer Peach Business Tracker. Collective like-for-like sales were also down 1.8% against the same month last year, a downturn from December’s 4.1% like-for-like increase on the same month in…
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Jan- 2019 -17 JanuaryCafes and Coffee Shops
Patisserie Valerie financial woes worse than expected
Forensic accountants have uncovered “significant manipulation” within Patisserie Valerie’s accounts, suggesting its financial troubles are more extensive than first thought. The company said the work carried out by its forensic accountants since “potentially fraudulent” accounts were discovered in October has revealed that the “misstatement of its accounts was extensive, involving…
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