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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Jun- 2023 -16 JuneAnalysis
Can all restaurants profit from introducing vegan meals?
Many establishments renowned for their non-vegetarian cuisine are cutting down on their meat-based menu as they become more ecologically conscious and look for ways to reduce carbon emissions. Wahaca became one of the first major restaurant chains to remove steak from its menu as part of its sustainability initiative earlier…
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15 JunePubs and Bars
Fullers sees 33% rise in revenues to £336.6m
Pub and hotel chain Fuller, Smith and Turner has reported a 33% rise in revenues to £336.6m in FY2023 compared with £253.8m in FY2022, according to its latest figures for the 53 weeks ended 1 April 2023. According to Fuller’s, who continues to recover from the pandemic, revenues increased despite…
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15 JuneBusiness
Foodservice price inflation goes back above 20% in April
Foodservice price inflation has unexpectedly risen back above 20% to 21.4% in April, according to data from CGA. Price increases had begun to slow in Q1 this year, and inflation dipped below 20% in March for the first time since mid-2022. However, the rebound in April underlines the severe cost…
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14 JuneNews
Everards turnover hits £31.4m in FY22
Leicestershire-based brewer and pub operator Everards has reported a turnover of £31.4m for the year ended September 2022. The 154 pub estate has recovered well since the end of the pandemic, with profit before tax of £2.7m and like-for-like profit growth to June 2023 of 6.3%. Everards said it continues…
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14 JuneTrade Associations
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 report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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12 JuneNews
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 Covent Garden for £4.65m. Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
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8 JuneNews
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 of £800m the prior year, despite reporting that revenues rose by 11.9% to £64.2m. It comes as Adnams said that its production operations were “hard hit by rising prices and…
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7 JuneBusiness
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 a survey from CGA and Fourth. This is an increase of 7 percentage points from the last survey in January and more than double the 22% of people who feel…
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May- 2023 -31 MayComment
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 research, one in three people are now seeking out a memorable experience regularly, and willing to pay 28% more to get it. On top of this, 56% of consumers are…
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26 MayBusiness
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 is according to the UK Hospitality Quarterly Tracker which is created in association with CGA Strategy. The tracker shows that the revenue generated in the last 12 months is 4.1%…
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