Inflation

Pubs, restaurants and bars sales rise 3.9% in Feb

February sales at restaurant, pub and bar groups were 3.9% ahead of last year on a like-for-like basis, according to…

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Delivery and takeaway sales continue to drop, CGA reports

Delivery and takeaway sales in Britain have again experienced a fall compared to last year, according to the new Hospitality…

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Spring Budget: Corporation tax to rise to 25%

Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a…

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Chishuru launches crowdfund for new Oxford Circus opening

Award-winning West African restaurant Chishuru has launched a crowdfunding page to help raise money for a new opening in central…

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Northern cities lead growth for UK hospitality, research finds

Cities in the north of England are leading growth in UK hospitality despite the impacts of Covid, the cost of…

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Good Q4 for contract catering but sales still behind 2019 levels

Contract catering sales were 27% higher between October and December 2022 compared with 2021, according to data from CGA and…

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Various Eateries FY losses widen amid margin pressures

Various Eateries has seen its pre-tax loss widen to £7.2m, up from a loss of £3.7m in FY21, as profitability…

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Third of hospitality firms at risk of going under, says UKH

UKHospitality has revealed that 32% of hospitality firms are at risk of failure within the next year, despite hospitality sales…

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Foodservice price inflation sees first fall since September 2021

Foodservice price inflation dropped to 22% in January, a decrease of 0.9% from September, according to data from CGA strategy.…

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Hospitality sees fourth straight month of YOY growth

The UK hospitality sector saw a 10.9% year-on-year sales increase in January 2023, its fourth consecutive month of growth, according…

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