Pounds 8bn a Year, How's That for Starters? ; As Spending in Restaurants Breaks Records, Big Investors Are Seeking a Slice of the Action

Summary


BRITONS can't get enough of eating out diners spent a record Pounds 8 billion last year, turbocharging restaurant values and sparking a deal frenzy in the City.

Entrepreneurs and private equity companies have been scrambling for assets as share prices in the quoted restaurant groups soared 33 per cent above their levels of only six months ago.

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Pounds 8bn a Year, How's That for Starters? ; As Spending in Restaurants Breaks Records, Big Investors Are Seeking a Slice of the Action

Research by industry consultant Horizons Intelligence shows the amount spent last year on casual dining all restaurants a...

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