Research articles

SynergySuite

£43k wiped off the value of the average London restaurant this year

£43k wiped off the value of the average London restaurant this year

The value of a typical restaurant in London has plummeted by more than £43,000 during the past year following a ‘perfect storm’ engulfing the market, it has been claimed. The value of a restaurant in the capital was estimated at £140,000 in 2016, but that figure has now fallen to £97,000, according to online business transfer

Nisbets Pulse survey

Foodservice operators still feeling flummoxed by Brexit

It has been 14 months since Britain voted to leave the EU, but over half of caterers still remain unsure how Brexit is going to affect their business. That’s according to catering equipment supplier Nisbets’ latest quarterly ‘Pulse’ survey of hospitality operators. Some 53% of respondents said they still have no idea what impact Brexit

Crosbys kitchen 1

Restaurant expansion will trigger 3,000 new kitchen projects over next two years

Foodservice operators plan to capitalise on changing shopping habits by opening nearly 3,000 new restaurants and cafes in the two years to the end of 2018, a new report claims. According to property specialist Cushman & Wakefield, cafes and restaurants continue to be the natural high street successors to clothing and white goods stores, which

KNUTSFORD, UNITED KINGDOM - JUNE 24:  A European Union flag, with a hole cut in the middle, flies at half-mast outside a home in Knutsford Cheshire after today's historic referendum on June 24, 2016 in Knutsford, United Kingdom. The results from the historic EU referendum has now been declared and the United Kingdom has voted to LEAVE the European Union.  (Photo by Christopher Furlong/Getty Images)

Brexit weighing heavy on QSRs and full-service operators, report claims

The growth of the UK out of home foodservice market has slowed since the Brexit referendum one year ago, a new report has said. Restaurant visits after the referendum were still growing but at a slower rate that the period before the Brexit vote. Notably, visits to quick-service restaurants (QSR) slipped marginally. The sector registered

LONDON, ENGLAND - FEBRUARY 09: A Food Standards Agency rating certificate is pictured in the window of a restaurant on February 9, 2015 in London, England. Claims have been made that some restaurants are ignoring food hygiene standards ratings. (Photo by Carl Court/Getty Images)

Enormous gap in kitchen hygiene standards raises industry concerns

One in five high or medium risk food establishments in the UK fail to meet food hygiene requirements, leading to around 500,000 food poisoning cases a year, it has been claimed. Research from consumer rights group Which? discovered that in 20 local authority areas the chances of someone buying from a food business that isn’t

MagiKitch'n

Research firm names world’s top five charbroiler manufacturers

Industry research firm Technavio has named its top five “leading” vendors in the global commercial charbroiler market. The study also lists 13 other prominent brands that it expects to most impact the market over the next four years. According to the report, the global commercial charbroilers market is expected to post a CAGR of more

Starbucks food

Operators raise cost of starters and desserts to drive up average bills

Eating out operators in the UK are holding down the cost of main courses on their menus but boosting customer spend by increasing the price of starters and desserts and focusing on more side dishes, snacks and nibbles, according to recent research from foodservice consultancy Horizons. Horizons’ bi-annual Menu Trends survey [summer 2016], which tracks

Restaurant workers

ALMR urges Brexit negotiators to clarify status of migrant workers

The Association of Licensed Multiple Retailers, whose members run 23,000 outlets and employ over 650,000 people in British pubs, bars and restaurants, says the vote to the EU has severely dented confidence in the industry. Despite positive economic news over the summer, Kate Nicholls, CEO of the ALMR, said operators are still concerned. “The slight

Top