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Business optimism improving across UK eating and drinking-out market

Optimism in the eating and drinking-out market has risen to its highest point for 18 months, the latest Business Confidence Survey reveals—but senior executives remain wary of squeezed consumer spending and rising costs as 2020 nears. The exclusive quarterly survey of business leaders across the UK pub, bar and restaurant market indicates that 44% are optimistic about prospects for the eating and drinking-out sector over the next 12 months. That figure is substantially up on 30% in the last survey three months ago, and is at the highest point since May 2018.
     

Future gazing

What do the next few years have in store for eating and drinking-out businesses? A Peach 2020 panel of leaders from three different sectors—Bartlett Mitchell’s Wendy Bartlett, Revolution Bars Group’s CEO Rob Pitcher and Jane O’Riordan, chair of several big brands—explored some of the big challenges.
     

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