All Analysis & Insight articles – Page 68
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Analysis & InsightUKH: No sign of wavering on lockdown
There are no signs the government regrets its decision to order lockdown amid speculation Boris Johnson feels he was misdirected by the date, MCA’s The Conversation has heard.
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Analysis & InsightRestrictions closes 25k venues
The UK now has nearly 25,000 fewer licensed premises open than before lockdown, the latest Market Recovery Monitor from CGA and AlixPartners reveals.
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Analysis & InsightBrandwatch: Nando’s
Does anyone remember a time before Nando’s? Arriving on the UK fast-casual scene in 1992, the chicken chain has expanded from a single site in Ealing to nothing short of a national institution. Today, with well over 400 restaurants across the country, you can’t walk five miles without spotting Barcelos cockerel, and the brand is so rooted in youth culture that a British celebrity without a Nando’s black card is barely a celebrity at all. Just over 30 years since the business was founded in Johannesburg in 1987, consumers can now source their peri-peri fix in 35 countries across five different continents. Home to a large proportion of its over 1,200 outlets, the UK branch comprises one of the brand’s largest markets, and it doesn’t look like that’s about to change anytime soon.
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Analysis & InsightPubs see pre-lockdown sales surge
Consumers across the country were keen to make the most of their final pub experience before lockdown this week, with sales rising significantly from Monday to Wednesday. New data from pay-at-table app Order Pay revealed sales jumped 125% on Wednesday compared to the previous week (Wednesday 29 October), with average spend in the final opening hour up 32% to an average of £10.37 per transaction.
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Analysis & InsightSector loses 7.5% of workforce in October
The hospitality industry lost 7.5% of its workforce last month, with a further 21,337 employees losing their jobs, the latest data from Fourth has revealed.
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Analysis & InsightHospitality Leaders Poll: 41% support lockdown
Hospitality is split over the lockdown, according to the latest Hospitality Leaders Poll carried out by Lumina Intelligence for MCA, the MA, Big H and Restaurant. Though 41% of operators support the current lockdown, 43% are opposed to it with 17% undecided. ”I get why they’ve decided to do it, but want to know what support is going to be available other than loans, and the exit strategy, is there one?” said one multi-site operator, while another said they supported the move but it was a “month late”.
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Analysis & InsightFurlough extension a “wasted investment” without additional support
Hospitality leaders and trade bodies have welcomed the chancellor’s furlough extension until March, but warned that without a clear roadmap and additional support it won’t be enough.
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Analysis & InsightThree in four hospitality workers concerned about job security
Three quarters of workers in hospitality are concerned about their job security as England enters its second lockdown, CGA and CPL Learning has found.
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Analysis & InsightManchester footfall plummets under tier 3 restrictions
Footfall in Manchester dropped to its lowest ever post-lockdown level last weekend following the implementation of tier 3 restrictions, according to Wireless Social.
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Analysis & InsightAbility to host business meetings of ‘marginal benefit’
The ability to host business meetings in tiers 2 and 3 areas is of “marginal benefit” to operators, a new poll reveals.
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Analysis & InsightBrandwatch: Five Guys
Long before the pandemic struck, Five Guys was one of the most aggressively expanding operators in the sector, snapping up prime real estate across the country.
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Analysis & InsightDeliveroo study: 100k jobs saved due to platform
Deliveroo has commissioned a study which estimates delivery platforms protected 100,000 jobs in the restaurant sector during the height of the pandemic.
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Analysis & InsightUKH: ‘Extremely low level of transmission in hospitality’
The hospitality sector has reported just 1,728 infections across the UK workforce in the 14 weeks since reopening, out of approximately 20m work shifts.
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Analysis & InsightOne third in tier 3 have already closed or plan to shut
A third of operators in tier 3 say they do not have sufficient support to trade as a viable business and have either already closed or plan to shut.
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Analysis & InsightSunak splits the sector
From “hugely generous” to “nowhere near enough”, industry response to the chancellor’s latest round of business support was mixed to say the least. Speaking in the Commons yesterday (22 October), Sunak highlighted that the extent of the new funding – which will include £2,100 grants for businesses and an improved Short Time Work Scheme – was predicated on talks with hospitality operators and trade bodies earlier in the day, who informed the chancellor of a “significant fall in consumer demand, causing profound economic harm to their industry.” In light of the unsustainable position in which thousands of hospitality businesses under tier 2 restrictions have found themselves in recent weeks, he added that he made “no apology” for “responding to changing circumstances” - but does this ‘unapologetic’ response go far enough?
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Analysis & InsightHigher tiers hit footfall
UK footfall saw a 5% drop this week as tier 2 and 3 restrictions were applied throughout the country, new data from Wireless Social has found.
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Analysis & InsightTier 2 prompts 50% sales dip for hospitality
Pubs, bars and restaurants in tier 2 of the government’s system have seen sales drop by half since the introduction of the stricter measures, CGA’s latest data shows.
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Analysis & InsightGraffiti Spirits co-founder Matt Farrell: ‘Government are always two weeks behind’
In its reactive approach to mandating restrictions, the government is “two or three weeks behind every time” when it comes to providing the accompanying support, Graffiti Spirits co-founder Matt Farrell has said.
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Analysis & InsightGreater Manchester tier 3 funding 'brutal' and a 'huge blow'
The government’s offer of £22m to place Greater Manchester under tier 3 restrictions is far from the levels of support needed to prevent mass job losses and closures in the sector, hospitality trade bodies have warned.
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Analysis & InsightGovernment ‘retrofitting evidence’ to support policy
The government has been creating policy without evidence, and then trying to “rapidly retrofit” evidence to support it, in the face of growing opposition from its own backbenches, MCA’s The Conversation has heard.