Hollywood's profits may bowl City over

HOLLYWOOD Bowl is expected to unveil strong profits amid resilient spending from people looking for leisure in their spare time.

- Henry Saker-Clark

Investors in the ten-pin bowling operator will also be looking for more information on its growth plans when it updates the market today.

The figures, amid a quiet period for the equity markets ahead of Christmas, will help shed light on consumer spending trends across the UK set against the challenging economic backdrop.

Soaring energy prices, higher food bills and rising mortgage rates over the past year have squeezed household budgets.

But in its previous update in October, Hollywood Bowl said customer demand was still positive as many families prioritised leisure spending.