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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May- 2024 -1 MayBusiness
Administration cases within hospitality double, NTIA finds
The hospitality and night-time economy sectors have experienced a significant increase in businesses going into administration, a recent report by Shakespeare Martineau for the NTIA has revealed. The year-to-date data for April 2023 to March 2024 was concerning, with 193 administrations in the hospitality and night time economy industries accounting…
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Apr- 2024 -30 AprilNews
Today’s news in brief – 30/04/24
Foodservice price inflation has fallen below 10% for the first time in two years, according to data from CGA. This comes after a 1.4% decline in foodservice price inflation in March, the largest month-on-month decline ever recorded by the Foodservice Price Index. Inflationary pressures have also been relieved by an…
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30 AprilFood and Drink
Foodservice price inflation below 10% for first time since 2022
Foodservice price inflation has fallen below 10% for the first time in two years, according to data from CGA. This comes after a 1.4% decline in foodservice price inflation in March, the largest month-on-month decline ever recorded by the Foodservice Price Index. The softening of inflation has also been seen…
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18 AprilFood and Drink
Hospitality sales rise 5.2% in March due to Easter boost
Britain’s top hospitality groups experienced above-inflation like-for-like sales growth of 5.2% in March, according to CGA and RSM latest Hospitality Business Tracker. While hospitality operators enjoyed the boost to trading that events such as Mother’s Day and St Patrick’s Day brought, the high growth metrics seen in the Tracker…
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4 AprilNews
Today’s news in brief – 04/04/24
Food price inflation in hospitality is more than double the rate seen in the retail sector despite steady easing over the last 12 months, the CGA Prestige Foodservice Price Index has revealed. In March 2023, the level of food inflation in hospitality and retail briefly converged at 19%. However, while…
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4 AprilNews
Hospitality inflation more than two times higher than retail, CGA says
Food price inflation in hospitality remains more than double the rate seen in the retail sector despite steady easing over the last 12 months, the CGA Prestige Foodservice Price Index has revealed. In March 2023, the level of food inflation in hospitality and retail briefly converged at 19%. However, while…
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Mar- 2024 -26 MarchNews
Today’s news in brief – 26/03/24
Employee satisfaction has risen, despite salaries decreasing, according to Access Hospitality’s Largest Hospitality Salary Survey 2024. The survey revealed that 37% reported earning less than £30k – an increase from 30% in 2023. Responses revealed a decrease in salaries across main job roles, with the exception of general management. However,…
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26 MarchPubs and Bars
Nearly 75% of consumers visited a pub or bar over Christmas
Nearly three quarters (73%) of consumers visited a licensed venue over the festive season, according to data from CGA. However, the number of people going out fell by five percentage points year-on-year, as high inflation put pressure on spending. Nearly all (97%) consumers told CGA they had been affected by…
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21 MarchNews
Today’s news in brief – 21/03/24
Shepherd Neame has reported record revenue growth of 4.3% to £89m in H1 2024. For the 26 weeks ended 23 December 2023, the group also saw its underlying EBITDA increase 5.2% to £12m and its underlying profit before tax grew by 9.9% to £3.8m. Retail like-for-like drink and food sales…
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21 MarchPubs and Bars
Shepherd Neame revenues surge to £89.0m in H1 2024
Shepherd Neame, Britain’s oldest brewer and owner and operator of 296 pubs in Kent and the Southeast has reported a record revenue growth of 4.3% to £89.0m in H1 2024. For the 26 weeks ended 23 December 2023, the group also saw its underlying EBITDA increase 5.2% to £12.0m and…
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