With Chancellor Rishi Sunak’s Eat Out to Help Out scheme kicking off on 3 August, online comparison service money.co.uk has been crunching the numbers to see how it all works, and to see which big-name restaurants are taking part…
Lead image: Gymkhana, Mayfair, has reopened for the second time this year
money.co.uk‘s personal finance experts have been running the numbers on the Eat Out to Help Out scheme to see how much you could save, and they’ve also been looking into some of the most exciting places to use it.
They discovered that 45 Michelin star restaurants across the UK have signed up. Of these, 43 have one star – meaning that one-third (33%) of the UK’s one-star Michelin restaurants are taking part in Eat Out to Help Out – and two have two Michelin stars.
Alas, none of London’s three restaurants with three Michelin stars – The Lecture Room & Library at sketch in Mayfair, Alain Ducasse at the Dorchester, also in Mayfair, and Gordon Ramsay in Chelsea – are taking part.
The full list of London’s Michelin star restaurants taking part in Eat Out to Help Out is as follows (note that the restaurants are open unless a reopening date is stated):
- Amaya, Belgravia
- Aquavit, St James’s (reopening 24 August)
- Gymkhana, Mayfair
- Hakkasan, Hanway Place
- Hakkasan, Mayfair
- Ikoyi, St James’s
- Kai Mayfair
- Lyle’s (reopening 5 August)
- Murano, Mayfair (reopening 4 August)
- Pollen Street Social, Mayfair
- Portland, Fitzrovia
- Quilon, Westminster
- Sabor, Mayfair
- Social Eating House, Soho
- St John, Farringdon
- The Five Fields, Chelsea
- Trishna, Marylebone
- Veeraswamy, Mayfair
How does Eat Out to Help Out work?
Find a local participating establishment via the gov.uk‘s restaurant finder (just pop in your postcode) to get a 50% discount on food or (non-alcoholic) drinks up to a maximum of £10 discount per diner.
The scheme applies to dine-ins only, and runs every Monday, Tuesday and Wednesday from 3-31 August. You don’t need a voucher (the discount will automatically be applied to your bill) and you can use it as many times as you like (alongside other offers and discounts if you have them).
Alcoholic drinks and service charges are exempt, but you can use it in any size group and there is no minimum spend.
Here’s an example, as calculated by the experts at money.co.uk:
A group of four (two adults and two kids) spend a total of £60 on their meals, including £10 on alcoholic drinks. A 10% service charge is then added onto the bill, taking the total bill, before applying the discount, to £66.
|Bill before service charge and discount||£60|
|(Amount spent on alcohol)||(£10)|
|Amount that discount can be applied to||£50|
|Discount to customers (50% of 50)||£25|
|Bill after discount is applied||£41|
The total discount is £25, that’s 50% of the £50 spent on food and non-alcoholic drinks. That works out as £6.25 per diner, and is therefore below the cap of £10 per diner. Obviously, when dining out in a Michelin star restaurant, you’re going to have no problem hitting that £10 cap!
For the full list of Michelin star restaurants taking part in the Eat Out to Help Out scheme across the UK, see the money.co.uk guide.