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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Oct- 2024 -16 OctoberNews-In-Brief
Today’s news in brief – 16/10/24
Hospitality business rates will likely hit £914m, UKH has warned, as September’s CPI inflation data will cause an additional £48m increase to business rates. As a result of this, the trade body is calling on the chancellor to introduce a lower, permanent and universal multiplier for hospitality. Just Eat orders…
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16 OctoberBusiness
Hospitality business rates to hit £914m, UKH warns
September’s CPI inflation data will cause an additional £48m increase to business rates meaning the overall bill, set for April, will likely hit £914m, according to UKHospitality. As a result of this the trade body is calling on the chancellor to introduce a lower, permanent and universal multiplier for hospitality.…
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1 OctoberFood and Drink
Greggs sales rise 10.6% in Q3
Greggs has reported “good” like-for-like sales growth over the Q3 ended 28 September, as total sales rose 10.6% and like-for-like sales in company-managed shops rose by 5% against the same period last year. According to the high street bakery chain, September proved to be the strongest month of the quarter,…
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Sep- 2024 -26 SeptemberNews
Today’s news in brief – 26/09/24
Prezzo has appointed the former Brewdog CEO to lead the recovery plan, while the restaurant chain’s former chief executive, Dean Challenger, will rejoin as chief financial officer. It comes as Prezzo, which is now owned by Cain International, is undergoing a restructuring plan, having closed roughly a third of its…
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26 SeptemberPubs and Bars
Mitchells and Butlers sees LFL sales rise by 5.2%
Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a 5.9% increase in total sales in the year to date. The group’s food sales were up 5.3% for the year to date, while its drink sales increased by 4.9%. Like…
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26 SeptemberFood and Drink
Restaurants enjoy ‘strong’ delivery sales in August
Restaurant group ended the summer with “strong” delivery sales, as like-for-like sales grew by 7.3% in August, according to CGA by NIQ. However, the positive performance was driven by increased prices, as the volume of takeaway orders continued a downward trajectory. Year-on-year increases in takeaways have been “comfortably” above the…
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25 SeptemberPubs and Bars
Drinks sales drop 5%
Drinks sales in the UK’s managed venues have dropped 5% for the week ended 14 September 2024, far less than the 12% decrease seen the week before. Trading was negative on all seven days of the week, though Saturday fared slightly better than the rest with a decrease of just…
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24 SeptemberRestaurants
Five Guys European sales surge £90m in 2023
US burger chain Five Guys has reported that sales at its European arm rose by more than £90m to £542.9m for the year to 31 December 2023. According to the group’s accounts with Companies House, pre-tax losses were also reduced from £35.6m to £16.2m over the same 12-month period. In…
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24 SeptemberPubs and Bars
50 pubs a month ‘vanished’ during H1 2024
50 pubs a month have “vanished” for good from the English and Welsh communities calling last orders for the final time during the first six months of 2024, according to analysis of official government data by the commercial real estate intelligence firm Altus Group. The overall number of pubs in…
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19 SeptemberNews
BoE holds interest rates at 5%
The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the first time in four years in August. The bank voted by a majority of 8-1 to keep the rate the same in a bid to help “sustain growth and employment”.…
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