The FINANCIAL — Britain's big pub and restaurant groups have enjoyed a strong end to the year, with like-for-like sales up again in November by 2.1%.
It is the sixth month running that the eating and drinking-out-of-home market has seen positive trading. Total sales, including the effect of new openings, were up by 6.2% on November 2010.
The figures come from the Coffer Peach Business Tracker, which records monthly performance across 24 major pub and restaurant operators.In contrast, the retail sector in November suffered its worst performance for six months, according to the British Retail Consortium/KPMG Retail Sales Monitor.
UK retail sales values fell 1.6% on a like-for-like basis. Total sales were up just 0.7%.Mark Sheehan, managing director of Coffer Corporate Leisure, said: "Pub and restaurant sales continue to hold up, although, as confirmed in the Punch Taverns announcement on Friday, there is very much a north/south divide.