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Inflation

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'It's a really tough market': Pret A Manger defends price increases

29 September 2023 by

Pret A Manger has defended its pricing strategy after the sandwich chain came under fire for charging more than £7 for a baguette.

News

Inflation falls unexpectedly to 6.7%

20 September 2023 by

UK inflation fell to 6.7% in the 12 months to August 2023, with the largest downward contributions coming from food and accommodation prices, according to the Office for National Statistics (ONS).

Viewpoint: When everything is changing, look at what you can control In-Depth

Viewpoint: When everything is changing, look at what you can control

12 September 2023 by
Food price inflation in hospitality falling slower than in supermarkets News

Food price inflation in hospitality falling slower than in supermarkets

07 September 2023 by
UKHospitality calls for ‘urgent action’ after gloomy economic forecast News

UKHospitality calls for ‘urgent action’ after gloomy economic forecast

10 August 2023 by
Fuel and food prices slow inflation to 7.9% in June News

Fuel and food prices slow inflation to 7.9% in June

19 July 2023 by

May inflation rate 'frustrating' for industry News

May inflation rate 'frustrating' for industry

21 June 2023 by

The inflation rate remained “stubbornly high” at 8.7% in the 12 months to May 2023, according[...]

Foodservice price inflation slowly easing but remains above 20% News

Foodservice price inflation slowly easing but remains above 20%

14 April 2023 by

Year-on-year food inflation fell slightly to 20.6% in February 2023, the latest CGA Prestige Foodservice Price[...]

UK hotels’ room rate growth outpaces inflation News

UK hotels’ room rate growth outpaces inflation

29 March 2023 by

The performance of the UK hotels sector was better than expected in February and outperformed the[...]

UKHospitality: A third of businesses 'at risk of going under' News

UKHospitality: A third of businesses 'at risk of going under'

23 February 2023 by

A third of hospitality businesses are at risk of failure in the next year despite sales[...]

News

JD Wetherspoon raises food and drink prices by 7.5%

JD Wetherspoon has raised its food and drink prices by 7.5% this month off the back of spiralling costs."

09 February 2023 by
Hospitality wages rise 53% over the past 10 years News

Hospitality wages rise 53% over the past 10 years

30 January 2023
by

Hospitality has seen the highest rate of ten-year wage inflation out of all UK industries, with workers seeing a 53% increase in their salary compared to a decade ago.

Hotel and restaurant price inflation hits 31-year high News

Hotel and restaurant price inflation hits 31-year high

18 January 2023
by

Price inflation in hospitality businesses rose to the highest level for more than 30 years in December as operators were forced to pass on surging costs to customers.

Foodservice price inflation hits 19.9% News

Foodservice price inflation hits 19.9%

17 November 2022 by

Foodservice prices increased again in October to hit 19.9% after nine consecutive months of double-digit inflation,[...]

Costs crisis wipes out hospitality's growth despite increase in October sales News

Costs crisis wipes out hospitality's growth despite increase in October sales

16 November 2022 by

October sales at Britain’s top managed restaurant, pub and bar groups were 1.5% ahead of the[...]

Cost pressures take the shine off hospitality’s ‘golden quarter’ News

Cost pressures take the shine off hospitality’s ‘golden quarter’

27 October 2022 by

Hospitality businesses have warned they face a struggle to survive during the normally lucrative ‘golden quarter’[...]

Cost of a flat white coffee 'could hit £4' as milk prices rise News

Cost of a flat white coffee 'could hit £4' as milk prices rise

20 October 2022 by

The price of a flat white coffee could exceed £4 by the end of the year[...]

News

Hospitality could face business rates 'cliff-edge' as inflation rises

Hospitality operators could face a huge rise in business rates next year following another jump in inflation, an advisory firm has warned."

19 October 2022 by
Castle at Taunton offers £15 menu amid cost of living crisis News

Castle at Taunton offers £15 menu amid cost of living crisis

06 September 2022
by

The Castle hotel in Taunton is the latest hospitality venue to launch a cut-price menu to help customers struggling with the cost of living.

Night time economy businesses send over 6,000 letters calling for emergency support package News

Night time economy businesses send over 6,000 letters calling for emergency support package

05 September 2022
by

Night time economy businesses have sent over 6,000 letters to MPs demanding a government-backed emergency support package to combat surging costs.

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