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Published: 02 December, 2022
The average amount consumers spend each month in restaurants, takeaways and pubs has fallen since the start of the pandemic, with restaurants the hardest hit, new research has found. An independent survey of 2,000 UK adults, conducted by Peckwater Brands, claims rising inflation and energy costs have reduced consumer spending, leaving hospitality businesses at risk. Restaurants have seen the highest drop-off in consumer spending since the start of 2020, down 16% from £58.90 per person per month to £49.30. Spending in pubs fell 14.6% from £47.90 to £40.90, while spending on takeaways saw the lowest reduction, falling just 10% from £47.70 to £42.30. While the cost-of-living crisis continues to loom large, the majority (63%) of UK adults surveyed said they still consider takeaways a treat they look forward to, with 34% intending to continually get them regularly (at least once per month) with 33% budgeting for this expense.
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Published: 01 December, 2022
Research by CGA by NielsenIQ and non-alcoholic spirits brand CROSSIP suggests that 67% of bar professionals have increased their range of no/low alcohol drinks over the past year, and 82% will do so over the next 12 months, demonstrating the growing importance of the category to consumer choice.
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Published: 22 November, 2022
The staffing crisis is very much still underway heading into Christmas, data from CGA has revealed, with one in nine jobs in hospitality still vacant despite improvements in recruitment.
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Published: 16 November, 2022
October sales at Britain’s top managed restaurant, pub and bar groups were 1.5% ahead of the levels of October 2021, CGA has revealed.
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Published: 11 November, 2022
Pubs, bars, and restaurants are recording positive sales in Britain’s major cities — but high inflation is making real-terms growth very difficult.
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Published: 10 November, 2022
The restaurant sector is showing some strong recovery after running the gauntlet for the past couple of years. However, alcohol’s future looks more tenuous, with the role of drinks – and the share of more expensive, premium products – becoming increasingly squeezed by ever-ratcheting living costs.
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Published: 10 November, 2022
Chefs used to steal all the limelight in restaurants, leaving front-of-house in the shadows, except for a few exalted characters who managed to gain notoriety across the trade. The rise of the superstar sommelier, however, shifted more focus to the service side, with films and documentaries adding to the allure of the wine gurus fronting the drinks offer that complements the food.
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Published: 01 November, 2022
Diageo, maker of Guinness, Smirnoff and Johnnie Walker, has announced a new three-year partnership with Springboard and The Prince’s Trust to help tackle the staffing crisis in the hospitality industry.
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Published: 31 October, 2022
More than a third of the UK’s hospitality sector faces closure in 2023 due to the ‘cost of business crisis’.
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Published: 28 October, 2022
As British consumers maintain some of the delivery and takeaway habits they picked up during Covid-19 lockdowns, the latest CGA by NielsenIQ Hospitality at Home Tracker highlights a growing trend – with drinks’ share of these sales increasing by 15% versus the start of 2022.
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Published: 21 October, 2022
Unemployment levels are at a record low, while the total number of job vacancies in May-June 2022 was 1.3 million, according to the latest figures released by the Office for National Statistics (ONS).
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Published: 20 October, 2022
Hospitality has lost 2,200 licenced venues in three months as crippling costs and staffing issues continue to hit business operators.
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Published: 17 October, 2022
It seems no matter where the cost increase comes from – whether it be energy bills, business rates or fuel increases – the consumer will always pay the ultimate price.
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Published: 10 October, 2022
The number of pubs closing across the country, having called last orders for the final time, has rocketed by 50% in the last three months.
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Published: 05 October, 2022
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Published: 05 October, 2022
According to data from OpenTable, the global restaurant booking system, dining numbers in London are falling short of pre-pandemic levels.
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Published: 04 October, 2022
On Sunday, October 2, prime minister Liz Truss announced that red tape would be cut for thousands of growing businesses.
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Published: 28 September, 2022
On-trade drinking occasions are holding up despite the cost-of-living crisis, according to drinks insights agency, Proof Insight.
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Published: 22 September, 2022
Leading drinks manufacturer and distributor C&C Group is embarking on a new, three-year partnership with the Big Issue Group to support the communities it serves across the UK and Ireland, aiming to change lives through enterprise.
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Published: 21 September, 2022
The government has announced a new energy relief scheme that will reduce energy bills for businesses by 50% of expected levels.
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