Industry Analysis & Industry Trends
The Full-Service Restaurants industry has endured a difficult time during the past five years. The economic downturn caused many consumers to cut back on discretionary spending, such as dining out, and trade down to cheaper takeaway options or choose to cook at home instead. Other factors that have prevented growth include changes in government regulation and policy concerning wage costs, anti-smoking legislation, alcohol tax and food safety. Several struggling operators have been forced to exit the industry but some have found opportunities to expand their operations. The number of establishments and enterprises has declined overall in the past five years, with the most industry exits occurring in 2008-09... purchase to read more
Industry Report - Industry Locations Chapter
In terms of industry revenue, the geographic spread of the industry follows the size and dispersion of the population and trends in disposable incomes. The level of tourist activity in each area also has some influence on establishment locations.
London accounts for the largest share of industry establishments, with nearly 20% located there. This region is the second most populous region in the UK, with about 7.5 million residents (12.4% of the population) and the highest gross disposable income per capita, at almost £18,000. It is a globally recognised tourist destination and one of the most influential financial centres in the world... purchase to read more