Pubs, restaurants and bars grow sales in February but battle soaring costs

February sales at Britain’s leading managed restaurant, pub and bar groups were 3.9% ahead of last year on a like-for-like basis, the latest Coffer CGA Business Tracker has revealed.

CGA report highlights changing customer attitudes to hospitality

Exclusive research conducted in partnership with CGA by NielsenIQ shows how the cost of living crisis and the Covid-19 pandemic have fundamentally shifted the online customer journey for British, French and German consumers that visit pubs and restaurants.

CGA survey reveals positive outlook for hospitality despite inflation

Leaders of Britain’s top-managed hospitality groups remain cautiously optimistic about the future despite spiralling costs, the 2023 Business Leaders’ Survey from CGA by NielsenIQ and Fourth reveals.

Hospitality sector under massive strain as insolvencies hit decade-high

More hospitality closures in 2022 than Covid-hit 2021 reports CGA

In a new report published by CGA, inflation in energy bills and other costs led to a net decline of 1,611 licensed premises in the fourth quarter of 2022.

Gérard Basset Foundation publishes two year Impact Report

The trustees of the Gérard Basset Foundation have released an impact assessment report, detailing the work undertaken by the charity and its performance results over the past two years.

Be Inclusive Hospitality releases first Impact Report

Be Inclusive Hospitality (BIH), the not-for-profit organisation striving for racial equality in the food and drinks industry has today announced the release of its Impact Report 2020-2022.

Portman Group calls on government for low & no alcohol consultation

The Portman Group is urging the government to do more to encourage the uptake of low & no alcohol drinks and launch a consultation on low-alcohol descriptors.

Insights: Moderation movement

Premiumisation continues as consumers lean into little luxuries. However, the economic doldrums and rising inflation are also fanning the flames of moderation trends, writes Jo Gilbert.

Bibendum predicts its top 10 drinks trends for 2023

Based on research conducted by Proof Insight, Bibendum has compiled its list of top 10 trends to look out for in 2023.

Restaurant owners forced to borrow 12% more than last year

The amount restaurant owners are borrowing to keep their own businesses afloat has increased 12% in the past year, from £377 million in 2020/21, to over £424 million in 2021/22, says Mazars, the audit, tax and advisory firm.

Consumer spending in pubs, restaurants and takeaways down since start of pandemic

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. 

Four in five bars plan to increase range of no and low alcohol drinks

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.

Top beverage trends for 2023 reveals 'mindful' focus

With a focus on the low&no market Finlays, the B2B supplier of tea, coffee and botanical solutions has revealed its annual beverage trends report for 2023, highlighting the more 'mindful' approach consumers are taking to the drinks industry.

Wine Paris: Younger generations key to unlocking on-trade

Ahead of Wine Paris and Vinexpo Paris in February 2023, organisers have partnered with Wine Intelligence to delve into the drinking habits of UK wine consumers.

Severe drought and extreme heat pose a new threat to wine production

In 2022, global wine production volume is expected to be at a level similar to the one observed last year, despite higher average temperatures across the world. 

Third of hospitality businesses risk going bust in 2023

More than a third of the UK’s hospitality sector faces closure in 2023 due to the ‘cost of business crisis’.

It’s time to break boundaries to solve the staffing crisis

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).

UK pub closures have doubled in last three months

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.   

London seated diner numbers fall short of pre-pandemic levels

According to data from OpenTable, the global restaurant booking system, dining numbers in London are falling short of pre-pandemic levels.