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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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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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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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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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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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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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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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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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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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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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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The World’s 50 Best Bars 2022 have been announced, and Paradiso, Barcelona, ranks No.1. It marks the first time this accolade has been won by a bar outside New York or London.
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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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On Sunday, October 2, prime minister Liz Truss announced that red tape would be cut for thousands of growing businesses.
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On-trade drinking occasions are holding up despite the cost-of-living crisis, according to drinks insights agency, Proof Insight.
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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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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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The latest insolvency figures show just how hard the hospitality industry has been affected by the cost-of-living crisis and soaring energy bills, with pubs, bars and restaurants some of the worst hit among UK businesses.
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Next month, the Drinks Trust will launch the Emergency Energy Poverty Fund, a dedicated grant-giving campaign to help vulnerable hospitality workers heat and power their homes.
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Trade bodies, charities and training providers have come together to promote Hospitality Apprenticeships Week 2022, running between 3 and 9 October.
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