This has been based on the excellent piece on PwC about the restaurant sector at the end of 2017, with additional commentary from me based on developments in 2018 and my view of the market from the inside. Food for thought PwC: The restaurant sector has performed well in recent years with market growth underpinned by long-term demographic and consumer trends. But market conditions have become more competitive, consumers are facing pressure on their real incomes from rising inflation and cost pressures are increasing. A more cautious outlook on the sector is justified. Me: Recent high-profile chain closures and restructuring including Toys R Us, Prezzo, Barbecoa, Jamies Italian, Strada, Byron and…