Inflation

Hospitality can deliver £29bn economic boost with right support, says UKH

In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new…

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Nightcap acquires Dirty Martini for £4.65m

Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in…

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Adnams FY losses widen to £1.2m despite rise in revenues

UK brewer, hotelier and wine merchant Adnams has reported its operating losses widened to £1.2m in FY22, against a loss…

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Over half of hospitality leaders optimistic about next 12 months

Over half (54%) of business leaders at Britain’s top hospitality groups are optimistic about the next 12 months according to…

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The Experience Economy: Meeting changing expectations in a cost-conscious world

To today’s consumer, the experience economy has evolved beyond going to the cinema or to a pub quiz. According to…

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Hospitality turnover down 14% on pre-pandemic levels

Turnover for hospitality businesses was down 14.7% in the last year compared with pre-pandemic levels when accounting for inflation. This…

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Contract caterers’ sales climb 30% in Q1, says CGA

Contract caterers’ sales in the first quarter of 2023 finished 30% above the same period in 2022, the latest Contract…

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UKH warns there is a ‘long way to go yet’ despite inflation fall

UKHospitality has warned that despite today’s (24 May) announcement that inflation fell to 8.7% in April, continued inflationary pressure means…

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Fazenda’s sales hit £20m in FY23

South-American restaurant brand, Fazenda Group, which operates five regional sites across the UK, reported a 37% year-over-year growth in FY23. …

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May drinks sales remain strong despite inflation

Drinks sales increased 5% year-on-year for the seven days ended 13 May following the long weekend for the coronation, according…

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