Inflation

Foodservice price inflation soars past 20%

The CGA foodservice price index has seen inflation reach a record 21.5%, the first time in history it has surpassed…

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Delivery and takeaway sales plateau in November

Managed restaurant groups saw their delivery and takeaway sales continue to plateau in November, after 12 months of decline following…

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Bank of England raises interest rates by 0.5% to 3.5%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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25 hospitality leaders host zero carbon roundtable

Some 25 leaders from hospitality organisations including Azzuri, Greene King, IHG, Gaucho, Revolution Bars, Peach 2020, Punch Pubs and WSH…

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Wild Beer Co enters administration

Somerset based brewer Wild Beer Co has ceased trading and entered administration as a result of rising costs. The company…

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M&B profits hit £240m in FY22

The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the…

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Marston’s returns to profit in FY22

Marston’s has returned to profit in the year ended 1 October 2022, with pre-tax profits hitting £163.4m, up from a…

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Energy costs ‘biggest threat’ to pubs’ viability, report finds

Energy bills returning to their regular rate post-March would put pubs and brewers at a loss of 20% on average,…

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Azzurri Group revenues double in FY22

The Azzurri Group has seen total revenues rise by £119m to £235.9m in its full-year results, an increase of 101.8%…

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Drinks sales up YOY for ninth week in a row

On premise drinks sales in the UK have exceeded 2021 levels for the ninth successive week, according to data from…

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