Analysts have warned that businesses across the food supply chain will be ‘feeling the heat on prices for some time to come’ as inflation continues to fall slowly.
The first week of 2024 was tough for the sector with several high-profile restaurants closing their doors amid insurmountable cost pressures, and data showing a decline in consumer spend.
Restaurants saw a spending decline of 6.7% in 2023, according to data from Barclays, as Brits spent less on eating out to offset rising household bills.
While operators big and small grappled with the impact of inflation and the cost-of-living crisis, 2023 also saw both investment and a degree of optimism return to the restaurant sector.
Delivery sales at Britain’s top managed restaurant groups rose 4% year-on-year in November 2023, CGA by NIQ’s latest Hospitality at Home Tracker shows — but takeaway sales fell 6%.
MasterChef The Professionals winner Tom Hamblet's residences, the departure of Nathan Davies from SY23, and the relaunch of Knightsbridge stalwart Sale e Pepe were among this week's most read hospitality stories.
Everything you need to know about managing online orders, including integration, how the pandemic changed the delivery game and the new tech coming down the track.
This week's top news stories include reaction to the Government's new immigration plans, the UK’s 'largest' kebab house arriving in London, and the date for Michelin's 2024 star revelation ceremony.
The digital and loyalty director at PizzaExpress on how the group has linked the physical and the digital with its sophisticated and highly-successful loyalty app.
The collective debt burden of the UK’s top restaurant groups has broken through the £3bn mark for the first time, new research by UHY Hacker Young shows.
This week's top news stories include tributes to the late Russell Norman, shareholders approving the sale of TRG to Apollo Global Management, and administrators announcing the closure of Birch Selsdon.
The high street bakery chain is looking to stake (bake) a claim on the dinner market with a month-long, pop-up restaurant featuring a Gallic-inspired menu.
Mitchells & Butlers (M&B) has reported like-for-like (LFL) sales growth of 9.1% in its latest financial results covering the year ended 30 September 2023.
Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell for the fifth consecutive month in October, dropping to its lowest level since August 2022.
A combination of poor weather and financial strains led to the frequency of dining out occasions flatlining in October, research from Lumina Intelligence’s latest Eating & Drinking Out Panel shows.
Notting Hill has become one of the capital's hottest foodie destinations. Restaurant took a group of chefs and operators to check out three of the best places to eat in the area.
Tributes from across the hospitality sector have been paid to Russell Norman, the multi award-winning restaurateur and author who died last week at the age of 57.
This week's top news stories include industry reaction to Jeremy Hunt's Autumn Statement, the sudden closure of Birch’s Hertfordshire hotel, and this year's R200 Awards winners.
Australian producer Jack’s Creek once again triumphed at this year’s World Steak Challenge, and now you can sample several of its steaks thanks to a somewhat unlikely London chain
The optimism of Britain’s hospitality leaders has risen for the fourth quarter in a row, but they remain concerned about inflation in key inputs, and the challenge of business rates.
Food critic Grace Dent and maitre d' turned TV presenter Fred Sirieix are heading into the jungle for the latest series of I'm a Celebrity... Get Me Out of Here!
This week's most read news stories include Jamie Oliver admitting the model of his now defunct Jamie's Italian chain was 'wrong from day one' and the impending closure of the Michelin-starred Pensons.
This week's top news stories include another new venture for Jeremy King, price hikes creating a new tier of 'hyper-luxurious restaurants', and BrewDog calling time on its Hawkes taproom.
Jamie Oliver and Jeremy King are two high-profile restaurateurs who could have called time on the sector after suffering setbacks, but both are back with something to prove.
Average price hikes of 10.7% in London and 14.7% outside London are ‘swelling a new tier of hyper-luxurious restaurants’, the new edition of Harden’s London Restaurants claims.
Everything you need to know about tipping, including what the Employment (Allocation of Tips) Act means for your business and the pros and cons of using tronc.
The Roux family is marking 40 years of its high-profile Roux Scholarship cooking competition with a change of location and the addition of Emily Roux to its judging panel and board of directors.
McDonald’s has found itself the target of apparently pro-Palestinian protests this week with activists releasing rodents into several of its UK restaurants.
This week's top news stories include Byron's estate falling to single figures, Simon Attridge joining Claridge’s as culinary director, and Ashley Palmer-Watts being named as co-founder of The Devonshire.
Over 550 restaurants have signed up to this year's StreetSmart Christmas campaign, which launches today (1 November) and aims to raise vital funds to support people living on the streets.
New figures from hospitality trade body UKHospitality show that Britain’s number of licensed premises has fallen by nearly a third (31%) in the past two decades.
This week's top news stories include Michael O’Hare’s plans to relaunch The Man Behind The Curtain as Psycho Sandbar, Charlie Sims and Honey Spencer's latest venture, and Big Mamma's first restaurant in Italy.
