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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Jun- 2024 -12 JuneRestaurants
Fat Duck parent company posts pre-tax loss of £1.4m
Heston Blumenthal’s Fat Duck Group posted a pre-tax loss of £1.4m for the year ended 28 May 2023. In documents filed on Companies House SL6 Ltd, the parent company of Fat Duck and the Hinds Head pub in Bray saw a dip in turnover from £11.5m in 2022 to £9.5m…
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10 JuneNews
Today’s news in brief – 10/06/24
St Austell Brewery has reported a “record” year where total revenues rose 10% to £229.5m. This comes as the group’s total operating profits for the financial period reached £13.2m, showing a rise of 15% on the previous year. During 2023, St Austell saw inflation reduce from the peak of the…
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10 JunePubs and Bars
St Austell Brewery FY23 revenues rise 10% to £229.5m
St Austell Brewery, which owns over 160 pubs, inns and hotels across the West Country, has reported another “record” year where total revenues rose 10% to £229.5m for the year to 31 December 2023. This comes as the group’s total operating profits for the financial period reached £13.2m, showing a…
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May- 2024 -31 MayRestaurants
Increased VAT has restaurants worried about survival, says RAI
More than nine-in-10 respondents have said that the reduced VAT rate of 9% for the food-led hospitality sector, which increased to 13.5% last September, had been critical to the survival of their business, according to a new survey conducted by Interpath Advisory and the Restaurants Association of Ireland (RAI). The…
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31 MayOpinion
Are we really out of the woods?
For most of us in hospitality: the last nine to 12 months have been very challenging indeed. One well known operator said to me recently that these were the worst trading conditions he had encountered in 40 years. My hospitality career nowhere near stretches that long, but I agree with…
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30 MayNews
Today’s news in brief – 30/05/24
Top UK restaurants saw takeaway sales rise 4.5% year-on-year. CGA’s latest Hospitality at Home Tracker found that strong like-for-like trading is nearly double the country’s 2.3% rate of inflation in the year to April, as measured by the Consumer Price Index. Deliveries also attracted 57.9% of all at-home orders by…
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30 MayRestaurants
Restaurant groups see at-home sales rise 4.5% YoY in April
The UK’s top restaurant groups have achieved year-on-year growth of 4.5% in delivery and takeaway sales in April, according to CGA by NIQ’s latest Hospitality at Home Tracker. This strong like-for-like trading is nearly double the country’s 2.3% rate of inflation in the year to April, as measured by the…
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23 MayFood and Drink
Hospitality YoY sales drop 1.7% due to more wet weather
Britain’s top hospitality groups saw sales drop 1.7% year-on-year in April after widespread wet weather, the new CGA RSM Hospitality Business Tracker has revealed. It comes as the first year-on-year drop in monthly sales since September 2022 and in sharp contrast with March, when the sector achieved 5.3% growth due…
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22 MayNews
General election called for 4 July
Prime minister Rishi Sunak has confirmed that a general election will take place on Thursday 4 July. The prime minister informed the cabinet of his plans in a meeting held this afternoon (22 May). As a result the parliament will be dissolved next week. Sunak had previously confirmed that an…
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22 MayNews
Food and Beverage M&A activity reaches highest deal volume since 2016
M&A in the UK food and beverage sector reached its highest deal volume since T1 2016 according to the new UK Food and Beverage Sector M&A report by Oghma Partners. For the first four months of 2024, there has been an increase by 30.3% in the volume of deals (43…
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