Catering for all needs

Dining has become big business in Britain, which is well reflected by an increase in restaurant openings in the capital. Charlie Thomas investigates the appeal of the catering trade to brokers

Catering and hospitality have been popular areas for brokers specialising in SMEs for decades, partly because the trade is healthy, meaning there are always new proprietors looking for insurance. This year has seen restaurants become more prominent in some brokers' books, because the soft market conditions have not affected premiums significantly.

A record-breaking 158 new restaurants opened in London between August 2006 and August 2007, rising from 142 establishments in 2005. Brits are spending

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