Restaurants Wobble Without ‘Eat-Out-to-Help-Out’ Support

Much needed stimulus for the UK’s restaurants industry resulted in value able gains throughout August as Chancellor Riki Sunak’s Eat-Out-to-Help-Out campaign led visits back to 85% of 2019 levels. In the fortnight since that support was withdrawn however, visits to the nation’s eateries appears to be wavering according to new data from the Huq Index for Restaurants & Pubs released today.

QSR and Restaurant wobble after Eat Out to Help Out

The UK’s pubs sector however appears to be more resilient. While the indicator trend has also ceased in its ascent, it remains relatively stable at close to 50% of year-on-year levels. Whether this relative performance is reflective of easier social distancing in pubs or British leisure-time priorities, the nation currently appears to favour drinking on an empty stomach. But With new cases spiralling once again in the UK and the ‘Rule of Six’ coming into effect from today, time will reveal how long this trend continues.

Pubs remain resilient post Eat Out to Help Out

Huq’s Indicators help analysts better understand what the recovery from Covid-19 looks like. If you would like to measure activity on a particular location, industry or subject that is not already contained within Huq’s Indicator catalogue, please get in touch with our new business team to discuss your requirements.