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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Sep- 2023 -21 SeptemberPubs and Bars
Adnams operating losses widen to £2.4m in H1
Adnams has revealed that sales in the first half of 2023 were level with last year’s total of £30m, as input costs continued to climb and contributed to operating losses widening to £2.4m. The pub operator attributed its performance to Q1’s subdued sales, as inflation peaked. However, lighter evenings and…
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14 SeptemberNews
Hospitality sales rise by 5.3% despite cool summer, CGA says
Britain’s managed restaurant, pub and bar groups overcame some dismal summer weather to record like-for-like sales growth of 5.3% in August 2023, the latest Coffer CGA Business Tracker shows. The tracker, produced by CGA by NIQ in partnership with the Coffer Group andRSM UK, has now been in year-on-year growth…
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8 SeptemberCatering Companies
Food and beverage sector sees rise in M&A activity
Food and beverage M&A activity has increased 13% in Q2 2023, after welcoming signs of recovery at the start of 2023, according to new research from Grant Thornton UK LLP. The firm’s analysis has found that 42 deals were recorded in Q2 2023, as deal volumes rose for the third…
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8 SeptemberTrade Associations
Strong sales unable to keep up with inflation, UKH finds
Turnover increased 6.7% in the last year to £137bn, but compared with 2019, remains almost 20% behind in real terms when accounting for inflation, according to UKH’s quarterly sales tracker. The tracker, in association with CGA, also showed that sales in the last year are 2.3% up on pre-pandemic sales.…
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7 SeptemberNews
Hospitality food inflation slows in July, CGA finds
Food inflation in hospitality fell marginally to 21.7% year-on-year in July, according to the CGA’s foodservice price index. Despite the slight fall of 0.9 percentage points, inflation remains only just below the index’s previous peak of 22.9% in December 2022. The latest index also reports a month-on-month increase of 0.7%,…
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5 SeptemberRestaurants
Restaurant spending down in August, Barclays finds
Restaurant spending dropped by 5.8% in August after dropping 2.7% in July, according to new data from Barclays. According to the data, 61% of people surveyed stated that they had deprioritised eating at restaurants. Alongside this 58% of people stated that they were deprioritising spending on takeaways. Despite this spending…
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4 SeptemberBusiness
UKH Scotland urges gov to address rising business rates
UKHospitality Scotland is urging the first minister to address the multi-million pound increase in business rates that is set to hamper Scottish hospitality this spring. Ahead of the upcoming Programme for Government, UKHospitality Scotland executive director Leon Thompson has outlined the need for a commitment from the first minister that…
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Aug- 2023 -29 AugustBusiness
Over 60% of business leaders optimistic about business prospects
New data from CGA Strategy has found that 62% of business leaders feel optimistic about prospects for their business over the next 12 months, an 8% increase from the last survey in May. Alongside this 45% of leaders are optimistic about the hospitality industry in general, an increase of 5%…
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24 AugustNews
UK restaurants see 4% growth in July takeaway sales
Britain’s top managed restaurant groups achieved year-on-year growth in delivery and takeaway sales of 4% in July, CGA by NIQ’s latest hospitality at home tracker shows. It is a second successive month of growth, following an extended post-COVID fall in sales that saw the tracker record 18 negative months in…
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23 AugustCatering Companies
Compass Group gifts £500k to fund apprenticeships in West Midlands
Compass Group has gifted £500,000 to West Midlands Combined Authority (WMCA) to boost hospitality and professional services courses in the West Midlands region through the Apprenticeship Transfer Levy Fund. The new funded apprenticeships to WMCA will help budding chefs, restaurant front of house staff or other supporting roles land jobs…
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