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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Feb- 2024 -21 FebruaryNews
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 and the Six Nations rugby tournament. This follows four successive weeks of negative numbers, thanks to a combination of a squeeze on spending, Dry January, variable weather and rail strikes. …
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21 FebruaryRestaurants
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 month of like-for-like growth, according to CGA by NIQ’s latest data. While this is an improvement on a 1% rise in December 2023, growth has slowed in recent months and…
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15 FebruaryPubs and Bars
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 comes after there was like-for-like sales growth of 8.8% in December 2023. Restaurants saw sales growth of 0.9% in January, while pubs’ trading finished 1.5% ahead of the same period…
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5 FebruaryNews
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 revealed. Average sales in managed venues in the week to last Saturday (27 January) were 4% behind the same period in 2023, but ahead of the previous weeks in January…
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1 FebruaryBusiness
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 loss of 803 in the three months, according to data from CGA. It represents an acceleration of closures from the third quarter of last year, when numbers fell by only…
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Jan- 2024 -29 JanuaryFeatures
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 of businesses, many managed to hold on to dear life only to go out of business in the years after. This has meant that the market for buying restaurants and…
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29 JanuaryRestaurants
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 like-for-like sales were also up 5.3% for the five weeks to 31 December 2023 which came on top of “strong growth” last year. However, the group recorded underlying EBITDA before…
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26 JanuaryNews
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 is set to implement new paperwork requirements for EU businesses sending animal and plant products to the UK from the end of January, with physical inspections commencing in April. Paddy…
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26 JanuaryFood and Drink
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 trend, CGA has revealed. The government is set to implement new paperwork requirements for EU businesses sending animal and plant products to the UK from the end of January, with…
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25 JanuaryNews
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 cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed all northern England cities saw a growth…
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