The optimism of Britain’s hospitality leaders has risen for the fourth quarter in a row, but they remain concerned about inflation in key inputs, and the challenge of business rates.
Those are the headlines from the October edition of the Business Confidence Survey from CGA by NIQ and Fourth. It shows 49% of leaders now feel confident about the hospitality market over the next 12 months—up by four percentage points from August’s figure of 45%. The proportion of leaders who feel optimistic about prospects for their business in the next year is unchanged at 62%.
Download the latest Business Confidence report to find out more.