Credit crunch bites into UK eating-out market

18 September 2008 by
Credit crunch bites into UK eating-out market

Nearly two thirds of families in the UK are eating out less now than they were a year ago as a result of the economic downturn, research has revealed.

A survey of 500 families, by media agency MPG, found that 64% are dining out less frequently, while 46% have cut back on the amount they tip when eating out.

MPG's research also found that more than two-thirds (67%) of families are now spending more nights at home, with 63% saying they favour a night at home to spending on leisure activity, such as eating out or the cinema.

She added: "Interestingly, many felt that the changes they have made to their lifestyles would probably not change back when the crunch is over."

The research flies in the face of a recent survey of 5,300 diners by London restaurant guide Zagat, which revealed that only 5% are spending less on eating out than they did last year.

Check out our dedicated page on the credit crunch >>

Gordon Ramsay beats Marcus Wareing to top spot in Zagat London restaurant guide >>
Credit crunch hard on independent restaurants in major cities >>
Consumers to cut back on eating out during credit crunch >>

Credit crunch is stifling innovation in hospitality >>

By Kerstin KÁ¼hn

E-mail your comments to Kerstin KÁ¼hn here.

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking