Fewer independent restaurants opening in London, finds report

10/11/2017 - 07:00
The number of independent restaurants opening in the capital has slowed over the last 12 months, according to the latest Harden’s Restaurant Guide.

The 27th version of the guide recorded 193 independent openings in London this year, down from 200 in the previous.

The ammount of restaurants which shut down during the period increased from 76 to 84, the guide’s third highest rate of closures on record.

The net opening total was 109- down 12% on the 2016 report.

The number of once-independent restaurants, which are now expanding their business and becoming chains, more than doubled in the last 12 months, from 25 to 53.

Co-founder Peter Harden said: “You only have to look to The Ivy, to see a restaurant that was once a stand-alone icon, now being ‘rolled out’ at a rate that would do McDonalds proud.

“The old cliché that “independent = good, chain = bad” is being challenged at an incredible rate with the duplication in the last year of concepts rated very highly in the Harden’s survey, such as Dinings, The Frog, Hoppers, James Cochran, Smoking Goat, and temper, all turning this traditional presumption on its head.”

The guide also looked at the locations of the year’s new restaurants finding central London the most popular destination for openings followed by east London, south, north and West London.

Harden’s Restaurant Guide lists a total of 1,791 independent restaurants in its pages.

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