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What’s on the menu for food and drink firms in 2021?

24 February 2021

With its links to hospitality disrupted by the coronavirus, the food and drink sector innovated its way through 2020. But what does 2021 have in store for the sector?

January retail sales echo depressed state of the nation following lacklustre Christmas and no clear exit plan, says RSM
Jacqui Baker

19 February 2021

Britain’s January retail sales decreased by 8.2 per cent in volume when compared with December 2020 and fell by 4.9 per cent in comparison to the previous three months. Strong declines were seen in both clothing stores and fuel. This fell during a period when all non-essential retail stores were closed in England from 6 January with measures due for review in late February.

RSM calls for industry specific support for the travel and tourism sector
Ian Bell

15 February 2021

The ONS’ latest report tracking the effect of Coronavirus on the UK travel and tourism industry highlights the incredible impact the first two lockdowns had on the sector.

Giving her view as both a boutique owner and accountant, Jacqui Baker, RSM’s Retail Director comments on the latest ONS retail sales results
Jacqui Baker

The latest ONS retail sales release brings news of performance across the month of December but also for 2020 overall.

Christmas sales misery for pub and restaurant groups

15 January 2021

Britain’s managed pub and restaurant groups saw total sales drop by 72.6 per cent over the festive season, in what should have been the sector’s busiest trading period of the year, latest data from the Coffer Peach Business Tracker show.

Paul O'Leary

Partner

Paul is a partner in RSM's Technology Risk Assurance practice. He has over 20 years experience in helping clients deliver change and realise the benefits of digital transformation.

Keith Thomas

Partner

Keith is an experienced partners, based in our London office. He was at a big four firm for 39 years, and a hands-on corporate tax partner for 27 years, focused on their FTSE 100/250 and other large corporate clients.

Drink-led pub and bar groups suffer 90 per cent sales drop across November

11 December 2020

Britain’s managed pub and restaurant groups saw sales wiped out in November as lockdown hit in England and tough trading restrictions continued in Scotland and Wales, latest data from the Coffer Peach Business Tracker show.

Cautious optimism for travel operators in 2021 but a hazardous journey ahead, says RSM
Ian Bell

10 December 2020

The travel, leisure, hospitality and retail sectors will all experience marked increases in consumer demand by mid-summer 2021 if current projections persist says RSM.

Eat out to help out is leaving a sour taste in HMRC’s mouth

10 December 2020

The eat out to help out (EOTHO) scheme was so successful in August that some pubs, restaurants and cafes even carried on the discounts into September at their own cost. As we approach the end of the current lockdown, with talk of easing restrictions over Christmas, will a new version of EOTHO be on the cards?

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