For the majority of people, once they have paid for Housing, Utility Bills and the rising cost of Food, disposable income just isn’t there anymore
Babbit55 on
Thanks to being price gouged everywhere people cannot spend money. In other shocking news water makes you wet.
redditpappy on
Eating at a restaurant is too much of a hassle these days. Having to book, being threatened with cancellation fees, sneaky service charges being added to bills. It’s hard to have pleasant evening out when you feel like the staff just want to get you fed and then out the door so they can get the next sorry punter into your seat.
MoveOutside3053 on
It’s £13 for a poached egg on toast where I live. And up to £5 for a black coffee. No more brunches for me!
literalmetaphoricool on
Feels like a doom spiral: costs are going up for everyone, which means those extra costs for the restaurant are passed onto the customer.
We then expect a higher quality for the price, because our idea of “value” hasn’t kept up with inflation. So its not just the cost itself: we mentally can’t justify going out as much.
Financial_Volume1443 on
Unsurprising. There is a lot of mid restaurants charging too much for the food quality.
I get annoyed by more hysterical media around the decrease in dining out.
The prevailing view: “The reason your generation doesn’t have property is because you eat out all the time! Avocado on toast!”
– We follow the ‘advice’
“Oh, not like that”.
– Meanwhile legit good restaurants shut down, hospitality staff are out of jobs and we still don’t own property.
TwentyCharactersShor on
Yep, am one of the many that has cut back. We used to go out once a week, now it is barely once every 2 months. Price rises and a massive drop in quality is not helping.
Mr_Flibbles_ESQ on
It’s no secret that wages aren’t going up, but the cost of living is.
The costs of running these places is going up, so they have to put their prices up.
Everybody is being paid less. Everything costs more.
It doesn’t take a genius to work out what’s going to happen.
Administrative_Suit7 on
I’m not an expert economist but if everyone’s skint as shit then they can’t spend money with businesses.
OptionalQuality789 on
We eat out once a month now. Previously it would be fortnightly.
It’s just a poor value experience in a lot of places now. Service charges (seriously, fuck them!), expensive beers/wines, ‘small plates’ that are the price of main meals from a few years ago.
It’s all just shite now.
bahumat42 on
Il have a meal out a couple of times a year, it was the easiest thing to cut back on.
bugtheft on
This is all fundamentally driven by high electricity and house/commercial real estate prices.
Planning laws and lack of investment in energy are the root causes.
The UK has a shortfall of over 6.5 million homes, and probably corresponding amount of commercial space, artificially bottlenecked by planning laws. Over 50% of wealth/productivity is sucked hoarding property instead of positive sum growth, because we’ve made it artificially scarce.
All downstream of planning regulations and NIMBY planning laws preventing building.
Our energy prices are the highest in Europe because we’ve failed to build infrastructure and nuclear.
Harrry-Otter on
I’m doing my bit to keep them afloat. Maybe they should bring back “eat out to help out”.
TomVonServo on
It’s almost as though decades of neoliberal policies aimed at concentrating all the wealth among the richest 1% has had some drawbacks. Ah, well, no matter. Everyone dine out to help out!
3cc3ntr1c1ty on
People are broke after basic living costs and the prices for eating out are astronomical. Hardly a surprise.
stbens on
There are some good pubs/restaurants out there but many, many poor/mediocre ones. I’ve been to two Sunday carveries lately: both were reasonably priced but the food was practically stone cold in the first pub and had to be reheated in the microwave. In both pubs the chefs were very careful to ensure that they carved you the thinnest slices of meat possible. The veg was ok but veg is cheap.
I’ve also been to two pubs recently and had a pie at both. Both meals more or less cost the same. In the first pub (part of a chain) the pie was tiny and served with a small portion of chips and a spoonful of frozen peas. In the second pub (family owned) everything was home made: the pie was one of the best I’ve ever had and served with a choice of five different types of potatoes, including chips, mash and dauphinois and a bowl of fresh veg.
People are prepared to pay a little more if the quality is good. A Sunday carvery at a chain restaurant may seem like good value but if you’re barely getting enough meat to fill a sandwich then it’s not.
Debased_Pixie on
Even fast food is extortionate nowadays, used to be a cheap treat for the kids occasionally, not any longer.
17 commenti
For the majority of people, once they have paid for Housing, Utility Bills and the rising cost of Food, disposable income just isn’t there anymore
Thanks to being price gouged everywhere people cannot spend money. In other shocking news water makes you wet.
Eating at a restaurant is too much of a hassle these days. Having to book, being threatened with cancellation fees, sneaky service charges being added to bills. It’s hard to have pleasant evening out when you feel like the staff just want to get you fed and then out the door so they can get the next sorry punter into your seat.
It’s £13 for a poached egg on toast where I live. And up to £5 for a black coffee. No more brunches for me!
Feels like a doom spiral: costs are going up for everyone, which means those extra costs for the restaurant are passed onto the customer.
We then expect a higher quality for the price, because our idea of “value” hasn’t kept up with inflation. So its not just the cost itself: we mentally can’t justify going out as much.
Unsurprising. There is a lot of mid restaurants charging too much for the food quality.
I get annoyed by more hysterical media around the decrease in dining out.
The prevailing view: “The reason your generation doesn’t have property is because you eat out all the time! Avocado on toast!”
– We follow the ‘advice’
“Oh, not like that”.
– Meanwhile legit good restaurants shut down, hospitality staff are out of jobs and we still don’t own property.
Yep, am one of the many that has cut back. We used to go out once a week, now it is barely once every 2 months. Price rises and a massive drop in quality is not helping.
It’s no secret that wages aren’t going up, but the cost of living is.
The costs of running these places is going up, so they have to put their prices up.
Everybody is being paid less. Everything costs more.
It doesn’t take a genius to work out what’s going to happen.
I’m not an expert economist but if everyone’s skint as shit then they can’t spend money with businesses.
We eat out once a month now. Previously it would be fortnightly.
It’s just a poor value experience in a lot of places now. Service charges (seriously, fuck them!), expensive beers/wines, ‘small plates’ that are the price of main meals from a few years ago.
It’s all just shite now.
Il have a meal out a couple of times a year, it was the easiest thing to cut back on.
This is all fundamentally driven by high electricity and house/commercial real estate prices.
Planning laws and lack of investment in energy are the root causes.
The UK has a shortfall of over 6.5 million homes, and probably corresponding amount of commercial space, artificially bottlenecked by planning laws. Over 50% of wealth/productivity is sucked hoarding property instead of positive sum growth, because we’ve made it artificially scarce.
All downstream of planning regulations and NIMBY planning laws preventing building.
Our energy prices are the highest in Europe because we’ve failed to build infrastructure and nuclear.
I’m doing my bit to keep them afloat. Maybe they should bring back “eat out to help out”.
It’s almost as though decades of neoliberal policies aimed at concentrating all the wealth among the richest 1% has had some drawbacks. Ah, well, no matter. Everyone dine out to help out!
People are broke after basic living costs and the prices for eating out are astronomical. Hardly a surprise.
There are some good pubs/restaurants out there but many, many poor/mediocre ones. I’ve been to two Sunday carveries lately: both were reasonably priced but the food was practically stone cold in the first pub and had to be reheated in the microwave. In both pubs the chefs were very careful to ensure that they carved you the thinnest slices of meat possible. The veg was ok but veg is cheap.
I’ve also been to two pubs recently and had a pie at both. Both meals more or less cost the same. In the first pub (part of a chain) the pie was tiny and served with a small portion of chips and a spoonful of frozen peas. In the second pub (family owned) everything was home made: the pie was one of the best I’ve ever had and served with a choice of five different types of potatoes, including chips, mash and dauphinois and a bowl of fresh veg.
People are prepared to pay a little more if the quality is good. A Sunday carvery at a chain restaurant may seem like good value but if you’re barely getting enough meat to fill a sandwich then it’s not.
Even fast food is extortionate nowadays, used to be a cheap treat for the kids occasionally, not any longer.