Northern cities lead independent restaurant boom

Northern cities are leading an independent restaurant boom. The growth rates of independent restaurants are outstripping traditional hot spots such as London and Edinburgh. This has been shown in a recent study. London has seen an increase of 7.4 percent in new independent restaurants. They have fallen behind other cities in this area.

Key Takeaways:

• Northern cities are seeing a boom in independent restaurant openings with growth rates outstripping traditional hotspots such as London and Edinburgh, a new study shows.
• Leeds and Newcastle had the fastest growing independent restaurant scene, with a 12.8% rise in new openings since 2014. In contrast London has seen just a 7.4% increase
• London still stands apart in terms of the scale and depth of its restaurant scene, but escalating costs mean the regions now offer genuine opportunity for ambitious operators

“The relatively mature restaurant scenes in Edinburgh and Manchester offered less opportunity for independents, with just 1.6% and 3.1% growth respectively. However, both cities had the largest number of independent restaurants outside the capital.”

http://www.bighospitality.co.uk/Venues/Independent-restaurants-boom-in-Northern-cities?utm_source=RSS_text_news&utm_medium=RSS_feed&utm_campaign=RSS_Text_News