Inflation

Today’s news in brief – 24/07/24

Tortilla saw a 5.9% drop in revenues to £31.5m in H1 ended 30 June 2024. The Mexican restaurant chain attributed…

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Hospitality sees YoY sales rise 2.9% in June

Hospitality groups recorded year-on-year sales growth of 2.9% in June, down slightly from May’s rate of 3.6% but ahead of…

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Fuller’s LFL sales rise 5.3% in Q1

Fuller’s has reported that trading momentum has continued, as it delivered a strong like-for-like sales growth of 5.3% for the…

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Today’s news in brief – 15/07/24

Drinks sales in managed venues rose 6% in the week ended Saturday 6 July, following the same rate of growth…

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Drinks sales beat inflation for third week amid Euros boost

Drinks sales in the UK’s managed venues rose 6% in the week ended Saturday 6 July, compared with the same…

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Burger brand Hub Box bought out of administration

South-West based burger chain Hub Box has been bought out of administration and sold to South West Restaurants Limited for…

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Marston’s to dispose of 40% stake in Carlesbeg JV

Marston’s has announced the sale of its 40% interest in Carlsberg Marston’s Limited to a subsidiary of Carlsberg for £206m…

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Slug and Lettuce posts pre-tax loss of £3.1m

Slug and Lettuce has reported a pre-tax loss of £3.1m for the 12-month period to September 2023 after the bar…

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Nightcap to re-register as a private limited company

Bar operator Nightcap has announced the proposed cancellation of admission of its ordinary shares to trading on AIM, a re-registration…

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Today’s news in brief – 26/06/24

Year-on-year hospitality inflation has fallen to 4.6%, the lowest recorded in 28 months by Prestige Purchasing and CGA’s Foodservice Price…

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