In Focus
Cost of living crisis led to decline of hospitality leaders’ confidence: study
Only 23% of hospitality leaders are confident about the market.
Cost of living crisis led to decline of hospitality leaders’ confidence: study
Only 23% of hospitality leaders are confident about the market.
Hospitality industry needs to replace 6% of labour force who leave monthly
Employers are pressured by wage hike demands and staff turnover.
UK takeaway market to reach £23.4bn by 2027: IGD
This is a 26% increase from 2019.
Delivery, takeaway sales drop anew in June: report
However, sales remain above pre-pandemic levels.
Food service inflation hits double digits for the fourth consecutive month in May
All food and drink categories posted year-on-year inflation in May 2022.
Pret A Manger swings back to profitability as chain gets boost beyond city centres
May saw revenue across the UK surpass 2019 levels for the first time.
‘A star in our crown’: Taco Bell int’l president says the UK is poised to have several hundreds of restaurants
The chain is set to open its 100th store this month.
Dining out spend poised to decrease as cost-of-living crisis worries Brits
The NPD Group’s Uncertainty Impact study showed a significant increase in financial concerns amongst the UK’s population.
High food and drink inflation extending into 2023, study warns
The latest CGA and Prestige Foodservice Price Index shows a third consecutive month of double-digit inflation.
Company culture named top factor for retaining staff, survey says
Asked about their biggest current challenge as a business, 79% cited issues around recruitment and retention.
Tortilla gobbles Mexican chain Chilango for £2.75m
The listed group described Chilango as a “highly complementary brand.”
Delivery sales 357% higher than pre-COVID levels in April
However, sales have plateaued in 2022, with April’s delivery and takeaway sales were 34% below the levels of April 2021.
Restaurants, pubs’ like-for-like sales up 2% in April but cost pressures stunt growth
London still lags pre-COVID-19 trading, whilst sales up 3% beyond the M25.
Foodservice sector inflation hits 13.6% YoY in March 2022
The figure is the highest in the history of the CGA Prestige Foodservice Price Index.
Pre-pandemic ‘vibrancy’ in London's hospitality sector returning as sales and footfall rise in Britain's city centres
Glasgow, meanwhile, remains the most vibrant city.
Restaurant, pub like-for-like sales up 4% in March but inflation still holding growth down
London sales are flat whilst sales rise 6% beyond the M25.
Fish & chips, pizza amongst Brits’ top takeaway choices
Londoners are the biggest spenders, with an average of £73.70 spent on takeaways each month.
