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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Nov- 2023 -20 NovemberNews
Drink sales remain flat in November, says CGA
UK drinks sales remained flat in the first full week of November due to more wet weather, according to CGA by NIQ’s latest Daily Drinks Tracker. Average sales in managed venues in the week to last Saturday (11 November) were marginally down by 0.2% from the same period in 2022.…
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15 NovemberPubs and Bars
Wet weather dampens managed hospitality venue sales in October
Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, according to data from CGA. It is a 13th consecutive month of like-for-like growth for managed restaurants, pubs and bars however, it represents a slowdown from a 5.9% rise in September. The data shows…
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15 NovemberFeatures
Will train strikes affect the hospitality industry this Christmas?
Last week the National Union of Rail, Maritime and Transport Workers (RMT) announced that it had signed a Memorandum of Understanding with the Rail Delivery Group (RDG) which sets out a process for a mutually agreed way forward. The union has been in dispute with the RDG for months over…
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13 NovemberPubs and Bars
Daniel Thwaites turnover jumps 4% in H1
Daniel Thwaites has revealed that turnover for the half-year ended 30 September hit £60.3m, increasing by 4%. This is despite the group’s operating profit dropping from £9.9m last year to £8.8m for the half-year, which was attributed to the impact of property disposal at the hospitality group. Daniel Thwaites reported…
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9 NovemberNews
Admiral Taverns EBITDA hits £55.8m in H1
Admiral Taverns has reported an EBITDA of £55.8m reflecting robust growth across the first half of FY23 which ended on 28 May. The group admitted that the second half of the year was impacted by a faltering economy, inflationary pressure and the energy crisis. Turnover reached £182m, compared to £154.3m…
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7 NovemberNews
Today’s news in brief – 07/11/23
Oakman Inns reported an EBITDA drop from £11m to £9.8m for the year ended June 2023 due to the impact of inflation. Despite this, the group’s sales were 8% higher than the previous year, totaling just under £70m, as like-for-like sales for the core Oakman Inns business increased by 4.1%.…
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7 NovemberPubs and Bars
Oakman Group profits fall despite jump in sales
Oakman Inns and Restaurants has reported that its EBITDA dropped from £12.0m to £9.8m for the last financial year (June 2023) as its profits were impacted by inflation. However, its group sales were 8% ahead of the prior year at just under £70m. In addition, like-for-like sales for the core…
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7 NovemberNews
Contract caterers’ Q3 sales rise 15%, CGA says
Contract caterers’ sales in the third quarter of 2023 were 15% ahead of the same period in 2022, the latest Contract Catering Tracker from CGA by NIQ and Bidfood revealed. It continues catering’s strong recovery from the Covid-19 pandemic, when sales were decimated by lockdowns and widespread working from home.…
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6 NovemberBusiness
Closures slow after licensed premises drop below 100,000
The number of licensed premises in Britain has fallen by 3.6% over the last 12 months to 99,916 sites, according to data from CGA and AlixPartners. The total at the end of September 2023 marks the first time it has dropped below 100,000 since records began. The 3,766 drop over…
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Oct- 2023 -27 OctoberNews
Today’s news in brief – 27/10/23
Punch Pubs reported total revenues of £313.5m for FY23, up from £284.4m in FY22. Management Partnership division’s revenues also increased by 24% to £139.8m over 52 weeks. All three divisions, including leased and tenanted, management partnership, and Laine, achieved like-for-like sales growth. EBITDA for the period was £79.1m, a decrease…
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