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Few planning to toast Coronation in a pub as customers cut back on eating out
As rising household bills continue to bite, over half (54%) of consumers say they are cutting down on discretionary spending, especially eating out at restaurants (62%).
Consumer spending slows with Brits planning evenings in and more takeaways
Consumer card spending grew 1.8% year-on-year in September – the smallest uplift since February 2021, and well below the 9.9% rise in consumer price inflation – as Brits cut back on discretionary purchases in response to rising costs.
Summer boost for hospitality but cost-of-living concerns loom
Restaurant spend up 41.5% over Jubilee weekend
Omicron hit hospitality spend in December and London hotel occupancy
Restaurant spend grows for the first time since the pandemic
Restaurant spend slows after post-lockdown demand surge
There are signs the initial pent-up demand from lockdown is cooling off in certain sectors, such[...]
Pubs and restaurant spending sees strong growth across March while Brexit unsettles consumers
Round table: what technologies do operators think are really working?
Technology may smooth the path in hospitality, speeding up transactions and orders and spreading word about[...]
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