EAT OUT TO HELP OUT – IS IT HELPING?

Last updated : 14th Aug 2020.

Over 83,000 restaurants have now signed up for the government’s Eat Out to Help Out scheme, designed to protect jobs and boost sales in the hard-hit hospitality sector. In the first week alone, over 10.5 million meals were discounted, with the average claim at £5, however, just how much is this helping the industry?

The government has set aside £500 million to fund the Eat Out to Help Out scheme.

From 3 to 31 August, get a 50% discount when you eat in at restaurants that are registered with the Eat Out to Help Out Scheme.

Use the Eat Out to Help Out Scheme at a participating establishment:

  • to get a 50% discount on food or non-alcoholic drinks to eat or drink in (up to a maximum of £10 discount per diner)
  • every Monday, Tuesday and Wednesday between 3 and 31 August
  • as many times as you like

You do not need a voucher to use this scheme and you can use it at the same time as other offers and discounts. There is no minimum spend.

You cannot claim discount on alcoholic drinks or service charges.

The discount will be automatically available to you at participating establishments. Establishments will then claim a reimbursement from the government for the discount they’ve given you.

Participating establishments may include:

  • restaurants, cafés, bars or pubs
  • work and school canteens
  • food halls

All diners in a group of any size can use the discount.

Find a restaurant that’s registered for the scheme

Reviewing the sales and discount figures across restaurant and hospitality clients, early indication shows that there has been no overall increase in total weekly sales. Instead, sales are now concentrated on Monday-Wednesday, with Thursday-Sunday seeing a severe reduction.

As the scheme is only inclusive of dine-in sales, we have also seen a slight decrease in takeaway and delivery sales.

Some clients have increased their total weekly sales by given the 50% discount through Thursday-Sunday, whilst others have offered an uncapped 50% discount for whole week.

Many restaurants are fully booked out for every Monday, Tuesday and Wednesday in August.

Further information to be released shortly…

We will make further announcements on our website and social media.

For further information, please contact your usual contact or Relationship Manager, or telephone on 01923 332586.

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