Inflation

800 licensed premises lost in Q4

The number of licensed premises in the UK dropped by 0.8% in the fourth quarter of 2023, with a net…

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Franchises in and mid-market out: The year ahead for the restaurant industry

The last year has been a difficult one for the restaurant industry. While the pandemic was tough for a lot…

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Buzzworks sees revenues rise to £29.9m

Buzzworks Holdings Limited has reported a 19% increase in revenue to £29.9m for the year ending 30 April 2023. Its…

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Today’s news in brief – 26/01/24

New border checks could bring about a resurgence in inflation despite the recent downward trend, CGA has warned. The government…

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CGA warns border checks threaten deceleration of foodservices inflation

Apprehensions are growing about a resurgence in inflation as a result of new border checks despite the recent general downward…

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Northern hospitality venues welcome 7.2% sales growth in 2023

Hospitality vendors in the North have demonstrated growth and resilience over the past year, averaging 7.2% sales growth despite the…

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Restaurants’ delivery and takeaway sales rise 1% in December

Britain’s top managed restaurant groups recorded 1% year-on-year growth in delivery and takeaway sales in December 2023, according to data…

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Wetherspoons H1 sales rise 10.1%

Wetherspoons has revealed that like-for-like sales were 10.1% higher during the 25 weeks to 21 January compared with last year. …

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Hospitality venues’ sales rise 8.8% over December

Restaurants, pubs and bars saw sales rise by 8.8% over the latest Christmas period compared with data from 2022, according…

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Why are insolvencies more likely to affect the hospitality sector?

According to PwC’s outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of…

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