Market news

According to the British Retail Consortium (BRC), consumer confidence is at its highest level for more than a year. The BRC's consumer confidence index, put together with market researchers Nielsen, shows a 10-point gain, versus the all-time low reported in April of this year. thepublican.com London hotel occupancy levels for September rose compared to levels experienced last year. According to figures released by PKF Hotel Consultancy Services, hoteliers enjoyed 85.1% occupancy, 3% higher than in September 2008. caterersearch.com Costa Coffee has opened its 1,000th store in the UK. The operator reached the landmark last week with the opening of a site at St David's Shopping Centre in Cardiff. M&C Report According to a report in the Irish Independent, more than 1,500 pubs, hotels and restaurants have gone to the wall in the country over the past five years. Heineken has bought the 421-strong Globe Pub Company from receivership for a reported £180m to salvage a beer supply and management contract. Daily Telegraph Red...
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