Inflation

Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April,…

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Darwin and Wallace sales rise 1.8% in ‘challenging’ year

Darwin and Wallace, the operator of eight Greater London bar-restaurants, has reported a 1.8% rise in sales to £17.8m for…

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Today’s news in brief – 04/03/24

Foodservice price inflation decreased to 12.6% in January, according to new figures by the CGA Prestige Foodservice Price Index. It…

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Foodservice inflation slows in Jan, CGA finds

Foodservice price inflation decreased to 12.6% in January marking a drop of 1.2 percentage points from December’s rate of 13.8%,…

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Hospitality confidence dips amid soaring costs

Some 41% of the UK’s top hospitality groups currently feel confident about the hospitality market over the next 12 months,…

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How hospitality businesses can survive in 2024

2024 has only just begun, and we’ve already witnessed a spate of small business closures across the hospitality sector. With…

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Today’s news in brief – 21/02/24

Drink sales in the UK rose 1% for the week ended 10 February, as trading was boosted by stable weather…

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Delivery and takeaway sales rise for eighth consecutive month

Managed restaurant groups saw delivery and takeaway sales remain 4% ahead of January 2023 last month, spelling the eighth consecutive…

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January Hospitality sales flatline amid consumer spending squeeze

Britain’s leading hospitality groups generated year-on-year like-for-like sales growth of just 0.1% in January, according to data from CGA. This…

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UK January drinks sales dip 4%, CGA finds

Britain’s pubs and bars have closed a “difficult” January with a third successive week of negative year-on-year sales, CGA has…

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