Barclays

Restaurants see spending decline in 2023 as consumers cut back

02-Jan-2024 By James McAllister

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.

Restaurant spending takes its biggest hit this year

10-Oct-2023 By Joe Lutrario

Spend in restaurants has seen another month of decline with sales down by over 10% on last month - the sharpest fall this year.

Restaurants continue to struggle as Brits cut back on dining out

11-Jul-2023 By Joe Lutrario

Spend in restaurants has seen another month of decline with sales in June down by 8.2% on the previous month - the sharpest fall since January.

Restaurant sales down 5.6% as Brits make further cutbacks

11-Apr-2023 By Joe Lutrario

The latest Barclays report is grim reading for restaurants with sales down 5.6% in March and consumer research showing that 62% of consumers are trying to cut down on eating out in full-service establishments.

Staffing struggles continue to stand in the way of hospitality's post-pandemic recovery

26-Jul-2022 By James McAllister

Sourcing and retaining the right staff remains one of the biggest obstacles to the sector’s post-pandemic recovery, new Barclays research reveals.