{"id":12522,"date":"2020-09-07T10:00:00","date_gmt":"2020-09-07T10:00:00","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=12522"},"modified":"2022-05-04T21:37:54","modified_gmt":"2022-05-04T21:37:54","slug":"eat-out-to-help-out-scheme-increases-spending-up-to-six-fold-on-eating-out-on-mondays","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/eat-out-to-help-out-scheme-increases-spending-up-to-six-fold-on-eating-out-on-mondays\/","title":{"rendered":"\u2018Eat Out To Help Out\u2019 Scheme Increases Spending Up To Six-Fold On \u2018Eating Out\u2019 on Mondays"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-12523\" src=\"https:\/\/www.openbusinesscouncil.org\/wp-content\/uploads\/2020\/09\/PRI_159450578-1200x675.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/09\/PRI_159450578-1200x675.jpg 1200w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/09\/PRI_159450578-1200x675-300x169.jpg 300w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/09\/PRI_159450578-1200x675-768x432.jpg 768w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/09\/PRI_159450578-1200x675-1024x576.jpg 1024w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<ul>\n<li><em>As the scheme comes to an end, Yolt data found users spent up to six-times as much eating out on Mondays, when compared to the weekends<\/em><\/li>\n<li><em>Amid calls for the government to extend the scheme, the data shows that during August, Monday &#8211; Wednesday became \u2018the new weekend\u2019 for many<\/em><\/li>\n<\/ul>\n<p>Yolt, the smart-thinking money app, has revealed new data which demonstrates that the \u2018Eat Out To Help Out\u2019 scheme created a surge in eating out on Mondays, with users spending up to 6 times more at the start of the week, when compared to the weekend. Tuesdays and Wednesdays also saw an uptick in spending on food and drink as people took advantage of the government scheme, spending up to 3 times as much at the beginning of the week.<\/p>\n<p>The &#8220;Eat Out to Help Out scheme&#8221; was a plan to help restaurants (including those in hotels, leisure centres and holiday parks), cafes, bars and pubs that serve food, canteens, food halls with a seating area and members&#8217; clubs, among others after a tough year. The scheme run between\u00a03 and 31 August and had shown impressive results, with more than\u00a084,700 restaurants signed up for Eat Out to Help Out.<\/p>\n<p>Restaurants claimed <a href=\"https:\/\/www.bbc.co.uk\/news\/business-54015221\" target=\"_blank\" rel=\"noopener\">more than 100 million meals<\/a> under the scheme, worth \u00a3522m, figures likely to rise as outlets have until the end of September to claim, Treasury figures show.<\/p>\n<p>Likewise,\u00a0users spent on average 2.5 times as much during the beginning of the week than they did at the weekend, but Mondays were consistently the most popular day for claiming the discount.<\/p>\n<p>As well as a rise in the amount spent, Yolt\u2019s data also found that, in August, the number of transactions related to eating out went up Monday-Wednesday. On average, users made up to 7 times more \u2018eating out\u2019 transactions when compared to the weekend.<\/p>\n<p><strong>Pauline van Brakel, Chief Product Officer at <\/strong><a href=\"https:\/\/www.yolt.com\/\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.yolt.com\/&amp;source=gmail&amp;ust=1599497095194000&amp;usg=AFQjCNEabK4oavEleTKPjIDpSuq0-CtXpA\"><strong>Yolt<\/strong><\/a><strong>, comments: <\/strong><em>\u201cThe \u2018Eat Out to Help Out\u2019 scheme was put in place to stimulate consumer spending in the hospitality industry, and our user data demonstrates that people have been supporting the initiative. However, most telling is that this uplift has not led to an increase in spending towards the end of the week, and the question remains: now the scheme has concluded, will restaurants be able to survive? The desire to enjoy eating out is still there, but consumers are naturally cautious of overspending and seem to be looking for ways to make savings.&#8221;<\/em><\/p>\n<p><strong>Likewise, Chancellor Rishi Sunak said:<\/strong> <em>&#8220;From the get-go our mission has been to protect jobs, and to do this we needed to be creative, brave and try things that no government has ever done before. Today&#8217;s figures continue to show Eat Out to Help Out has been a success. I want to thank everyone, from restaurant owners to waiters, chefs and diners, for embracing it and helping drive our economic recovery.&#8221;<\/em><\/p>\n<p>A large number of restaurants have also decided to continue with the same scheme, albeit without Government help, throughout September to continue encouraging customers to have a meal out. Some of these are JD Wetherspoon,\u00a0Hall and Woodhouse,\u00a0<span class=\"mol-style-bold\">Drake &amp; Morgan<\/span>,\u00a0<span class=\"mol-style-bold\">Comptoir Libanais<\/span>\u00a0and\u00a0<span class=\"mol-style-bold\">Franco Manca or\u00a0The Real Greek among others.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the scheme comes to an end, Yolt data found users spent up to six-times as much eating out on Mondays, when compared to the weekends Amid calls for the government to extend the scheme, the data shows that during August, Monday &#8211; Wednesday became \u2018the new weekend\u2019 for many Yolt, the smart-thinking money app, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":12523,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[3585,3822],"tags":[3711,13949],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v19.7.2) - 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