Soaring costs and economic uncertainty have severely dented confidence in Britain’s hospitality sector, new research from CGA by NielsenIQ and Fourth reveals.

The October Business Confidence Survey shows that just 8% of leaders of multi-site businesses feel confident about the next 12 months for the eating and drinking out market. It is a sharp drop from the figure of 23% in the last survey in June—which in turn was a steep fall from 65% in March.

Download the latest Business Confidence report to find out more.