Wet weather dampens recovery in eating-out market
The recovery in the eating-out market slowed in November as punters stayed away from pubs and restaurants because of the wet weather, research revealed today.
The data comes from the Coffer Peach Business Tracker, run by analyst firm Peach Factory in partnership with consultancy KPMG, investment bank UBS and property agent Coffer Group.
"It looks like the blame rests squarely with that old enemy, the weather. It was the wettest November since 1914, according to the Met Office," said Peter Martin, founder of Peach Factory. "It is a reminder of the impact that adverse weather across the country can have on the eating and drinking-out market, particularly in the current fragile climate."
According to the Met Office, almost all parts of Britain recorded well above average rainfall in November, with many having well over twice the normal amount. Southern England as well as the North West and southern Scotland were worst affected.
Nevertheless, like-for-likes still stayed in positive territory, with a 1.3% rise on November 2008, making last month the eighth consecutive month of positive like-for-likes for the Business Tracker group.
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Cost of a three-course meal rises by 6% in a year >>
By Daniel Thomas
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