Katherine Price

The UK hotel industry ended 2022 on a positive note, but 2023 is expected to be a “see-saw” of mixed fortunes, audit, tax and consulting firm RSM UK has warned.

For the first half of its current financial year (June to November 2022), coffee chain Caffè Nero reported sales in the UK of £150m, averaging 104% of pre-pandemic levels and an increase of 17% on 2021.

December 2022 marked the 11th consecutive month of double-digit inflation after a year of intense inflationary pressures for foodservice businesses.

Managed restaurant groups’ delivery and takeaway sales in December 2022 were 104% higher than in December 2019, with deliveries up 238% and takeaway and click-and-collect orders 53% ahead.