Restaurants are at the core of our communities and play a vital role in economic growth and revitalising areas. A good range of local restaurants can attract homebuyers to an area.
Despite cost of living pressures, new restaurants continue to open. There were more than 150,000 restaurants in the UK in 2022, up by 8% since 2019. London, Manchester, Edinburgh, Glasgow and Liverpool saw particularly strong growth.
Almost two-thirds (64%) of people believe local restaurants are important in building a sense of community according to research conducted for Open Table.
Nearly a third of the respondents said that local restaurants, pubs and cafes add value to their wellbeing. Source: #Dataloft, OpenTable 2023, Office for National Statistics