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Inflation

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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 Index reveals.

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 rest of the hospitality sector, according to the RSM Hotels Tracker.

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
JD Wetherspoon raises food and drink prices by 7.5% News

JD Wetherspoon raises food and drink prices by 7.5%

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
Hotel and restaurant price inflation hits 31-year high News

Hotel and restaurant price inflation hits 31-year high

18 January 2023 by

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.

How to mitigate inflation and supply issues Business

How to mitigate inflation and supply issues

25 August 2022 by

In spite of the challenging climate, there are tricks businesses can use to counteract rising costs[...]

UK inflation at 10.1% poses 'greatest challenge' for hospitality operators News

UK inflation at 10.1% poses 'greatest challenge' for hospitality operators

17 August 2022 by

Hospitality businesses have expressed concerns over UK inflation hitting double digits (10.1%) for the first time[...]

UK inflation hits double-digits for the first time since 1982 News

UK inflation hits double-digits for the first time since 1982

17 August 2022 by

UK inflation has hit double-digits (10.1%) for the first time in forty years, according to figures[...]

Rise in calls to pub helpline as some energy bills increase by over 300% News

Rise in calls to pub helpline as some energy bills increase by over 300%

11 August 2022 by

A leading pub trade body said it has seen a sharp rise in calls to its[...]

News

Heatwave could impact price of potatoes

Hospitality venues could see a rise in the price of potatoes after last week’s heatwave potentially damaged the quality of some crop, a supplier has warned."

27 July 2022 by
UK restaurant insolvencies jump 64% in a year News

UK restaurant insolvencies jump 64% in a year

25 July 2022
by

UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to 1,406 in the past year as rising inflation and labour shortages drive restaurants out of business.

Calls to cut hospitality VAT to combat price rises News

Calls to cut hospitality VAT to combat price rises

20 July 2022
by

Hospitality and food industry leaders have reiterated calls for a cut in VAT to help businesses cope with soaring inflation.

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