Inflation
Our coverage compiles our focused reporting on how inflation is impacting the UK foodservice and hospitality sector, from rising ingredient and energy costs to wage pressures, supplier pricing, and menu repricing strategies. We cover the knock-on effects across restaurants, pubs, bars, cafes, and catering firms, with expert commentary and operational insight to help owners, operators, and F&B executives respond effectively. Whether you’re managing margins, adjusting procurement, or making pricing decisions, this archive offers clarity on the inflationary forces reshaping the economics of hospitality.
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Nov- 2024 -7 NovemberRestaurants
Foodservice inflation falls to 2.4% in September
Foodservice price inflation fell to 2.4% in September, the 15th consecutive month of easing, according to data from CGA. However, nine out of ten categories show month-on-month price increases highlighting persistent inflationary pressures. This marks the fourth consecutive month of overall month-on-month inflation. The Vegetables category continues to report high…
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7 NovemberPubs and Bars
Wetherspoon boss warns of rising prices following autumn budget
Wetherspoon chairman Tim Martin has said the pub group will “make every attempt to stay as competitive as possible” but warned of rising prices in hospitality following the autumn budget. It comes as JD Wetherspoon has reported that like-for-like sales in the first quarter to 3 November were 5.9% higher…
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4 NovemberNews-In-Brief
Today’s news in brief – 04/11/24
Soho Coffee Co. has seen its losses widen by 60% from £2m to £3.2m in the year to 31 January 2024. The coffee chain’s parent company, BTC Group Holdings, has also reported that its other hospitality offering Euphorium Bakery has also sustained further losses, rising 27% from £944,402 to £1.2m…
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4 NovemberRestaurants
Deliveries rise and takeaways stabilise as at-home sales grow
British restaurant groups achieved like-for-like sales growth of 6% in delivery and takeaway sales in September 2024, according to CGA. The figure represents a slight strengthening from growth of 4.6% in August. Year-on-year trading has been comfortably above the rate of inflation in every month of 2024 so far. Restaurants’…
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Oct- 2024 -30 OctoberNews
Budget: Increases to employers’ NI and minimum wage
The Chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. Employers’ National Insurance contributions…
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30 OctoberRestaurants
Honest Burgers unveils growth plans amid ‘exceptional’ H1 results
Honest Burgers has unveiled plans to quadruple the size of its business by 2030 amid “exceptional” H1 results with like-for-like sales growth of 11%, hitting £30m in revenues. The brand’s profitability is also ahead of forecast, with over 60% growth in EBITDA performance. Moreover, Honest Burgers has consistently been “outperforming”…
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28 OctoberFood and Drink
Weekly drinks sales drop 5% amid tough comparatives
Average drinks sales in managed venues in the week ended 12 October were 5% down on the same period last year, according to data from CGA. October 2023 benefited from warm weather across most of the country and the closing stages of the Rugby World Cup. The latest numbers continue…
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24 OctoberFood and Drink
Hospitality groups see sales rise 1.7% in September
British hospitality groups recorded a year-on-year sales rise of 1.7% in September, according to CGA RSM’s latest Hospitality Business Tracker. This means that managed venues have achieved like-for-like increases in eight of the nine months to September 2024. Following recent below-inflation growth of 1.5% in July and 1.3% in August,…
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21 OctoberBusiness
Hospitality insolvencies show signs of easing
Accommodation and food service insolvencies fell 16% month-on-month in August 2024, from 323 to 270, the lowest monthly figure since January 2024, according to the Insolvency Service. Furthermore, insolvencies were down 29% when compared with the same month last year. However, insolvencies in the sector increased 9% in the year…
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21 OctoberNews
Top 100 restaurant groups see profits dip to £244.1m in 2024
The UK’s top 100 restaurant groups have seen their profits dip from £246.5m in 2023 to £244.1m in 2024, new research by UHY Hacker Young shows. UHY Hacker Young said that the slight dip in profits is a “creditable performance” considering the challenges the sector has faced from the cost-of-living…
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