It's time to start digging up those Squirrelled Nuts!!!!

Sea_Shell

I've just been reading about the plight of the humble Chippy! 

https://www.bbc.co.uk/news/uk-england-somerset-62650572


Massive increases in costs and reduced footfall as customers cut back.

Many might not survive. 

So, even if we have money to spend,  places may no longer exist for us to spend at! 😕

We don't have take aways often, but we do love a chippy tea!  (Or lunch)

Im not sure that the spending of the "haves" will be able to keep the economy afloat on their own.

NedS

Sea_Shell said:

I've just been reading about the plight of the humble Chippy! 

Massive increases in costs and reduced footfall as customers cut back.

Many might not survive. 

So, even if we have money to spend,  places may no longer exist for us to spend at! 😕

We don't have take aways often, but we do love a chippy tea!  (Or lunch)

Im not sure that the spending of the "haves" will be able to keep the economy afloat on their own.

I think a lot of businesses will go bust over the next couple years. Many businesses have emerged from Covid with large debt (corporate debt for larger businesses, bounce back loans for smaller businesses), and interest rate rises combined with a recession and massively increasing input costs make for a perfect storm on the back of what has already been a horrible 2 and a half years for many businesses. Cineworld is just the start - I'm expecting to see many more tumble in the next 2-3 years.

Albermarle

In normal times ( if such a thing exists) many businesses seem to go bust just after the Xmas period. especially retailers and hospitality. Those that rely on a good Xmas to make up for quieter times of year, and then if the Xmas is not so good as hoped then....

Maybe if all the presents and toys are stuck in containers at Felixstowe that will not help.

atush

NedS said:

I think a lot of businesses will go bust over the next couple years. Many businesses have emerged from Covid with large debt (corporate debt for larger businesses, bounce back loans for smaller businesses), and interest rate rises combined with a recession and massively increasing input costs make for a perfect storm on the back of what has already been a horrible 2 and a half years for many businesses. Cineworld is just the start - I'm expecting to see many more tumble in the next 2-3 years

2 of our local restaurants that are on our frequent flyer list have closed due to increased costs. Another has stopped serving lunch due to not enough staff.  We ony go put for lunch as we live in a rural area and taxis are too expensive (no uber here).

We go out to lunch on 2 or 3 fridays a month at the moment at least until the OH fully retires.

eastcorkram

atush said:

NedS said:

I think a lot of businesses will go bust over the next couple years. Many businesses have emerged from Covid with large debt (corporate debt for larger businesses, bounce back loans for smaller businesses), and interest rate rises combined with a recession and massively increasing input costs make for a perfect storm on the back of what has already been a horrible 2 and a half years for many businesses. Cineworld is just the start - I'm expecting to see many more tumble in the next 2-3 years

2 of our local restaurants that are on our frequent flyer list have closed due to increased costs. Another has stopped serving lunch due to not enough staff.  We ony go put for lunch as we live in a rural area and taxis are too expensive (no uber here).

We go out to lunch on 2 or 3 fridays a month at the moment at least until the OH fully retires.

Trying to figure out if that means, once OH is fully retired , you'll be out for lunch more often than that, or less. 

I've really not helped on the Chip shop issue. I think it's about 48 years since the last time I used one !

Looks like any business relying on discretionary spending, is going to struggle. As if they haven't already done so for a few years.

carl05

Eating out is a luxury, prices are increasing so fast at the moment that i cannot justify doing it. We have swopped to inviting people round for dinner , still good fun at about a quarter of the cost

zagfles

carl05 said:

Eating out is a luxury, prices are increasing so fast at the moment that i cannot justify doing it. We have swopped to inviting people round for dinner , still good fun at about a quarter of the cost

Or as a middle ground, get takeaways, usually a lot cheaper, particularly as you can buy your own booze instead of paying inflated restaurant prices. We made that switch in lockdown for obvious other reasons, found a great local takeaway that's probably better than most restaurants we used to go to.

pensionpawn

We've always viewed eating out as a luxury reserved for family celebrations rather than as a treat. Treats are a Chinese / Dominos. As commented above, just a round or two of drinks (let alone the food) can be the total cost of fine eating (and drinking) at home. Yes, you don't have to cook it / clean up afterwards, and that is part of the cost, which we accept.

arnoldy

carl05 said:

Eating out is a luxury, prices are increasing so fast at the moment that i cannot justify doing it. We have swopped to inviting people round for dinner , still good fun at about a quarter of the cost

I agree with the sentiment, but I would question if its a luxury. Food mediocre and expensive often - starters often £8, mains £20, Puddings £8, Coffee £4, Wine £20 so about £110 - £120 with service for two. An expensive couple of hours.

Your idea of inviting people round is a good one.

We reserve eating out mainly for holidays when we haven't access to kitchen, or the occasional social going with the expectation of the food not being that good. 

zagfles

arnoldy said:

carl05 said:

Eating out is a luxury, prices are increasing so fast at the moment that i cannot justify doing it. We have swopped to inviting people round for dinner , still good fun at about a quarter of the cost

I agree with the sentiment, but I would question if its a luxury. Food mediocre and expensive often - starters often £8, mains £20, Puddings £8, Coffee £4, Wine £20 so about £110 - £120 with service for two. An expensive couple of hours.

Your idea of inviting people round is a good one.

We reserve eating out mainly for holidays when we haven't access to kitchen, or the occasional social going with the expectation of the food not being that good. 

What sort of places do you eat at, at £60 per head I'd be expecting something spectacularly good, not mediocre! Last meal out we had a couple of week ago, random Indian restaurant on the way home from a day out, was £60 for 3 of us! And was excellent. Popadoms and dips to start, then a curry each plus rice and breads to share, couple of side dishes. Beer/cokes to drink. No need/room for pudding.

If we just want good food, there's an excellent takeaway-with-tables type place not too far from us, where we can eat excellent curries/kebabs for about £5 each with a drink (non alcoholic), the surroundings/ambiance isn't like a restaurant, it's a busy takeaway, but the food is excellent.

A few years ago some friends dragged us to a posh place where one of the starters was "chicken tikka kebab" which I ordered, it was basically the same as the kebab I'd get at the takeaway but tiny, with less tasty sauces, and far more expensive, just for the starter!