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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Mar- 2023 -27 MarchFeatures
Noah’s Ark-le: Surviving rising waters for a successful launch
“The hotel has got a really massive turnover of finance and footfall and effectively puts the customers in the building where our restaurant is,” says Sam Griffiths, executive sous chef at Arkle. 2022 was a difficult year for those in the restaurant business with over 1500 restaurants in the UK…
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27 MarchNews
Tortilla Group revenues rise 20% in FY22
Tortilla Mexican Grill, one of the most successful fast-casual Mexican restaurant groups in the UK, has reported a revenue increase of 20% to £57.7m, according to its FY22 results. The increase, the group argues, is attributable to a variety of factors, including a 16.4% like-for-like revenue growth, the strategic acquisition…
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27 MarchPubs and Bars
JD Wetherspoons returns to profit but warns of inflation impact
Pub chain JD Wetherspoons has returned to profit in H1, with profit before tax reaching £4.6m for the 26 weeks ended 29 January after a £26.1m loss the prior year. Nonetheless, this was still below the £50.3m profit reported for the same period in 2019. However, the group’s like-for-like sales…
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23 MarchNews
BoE raises interest rates to 4.25%
The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate in almost 15 years, following an unexpected rise in inflation last month. The move marks the 11th consecutive increase from the BoE and follows the jump in inflation to 10.4%…
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21 MarchPubs and Bars
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 the latest Coffer CGA Business Tracker. The tracker has now recorded year-on-year growth for five consecutive months. However, the figure is substantially down from 10.1% in January and is well…
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16 MarchNews
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 at Home Tracker from CGA by NIQ. The tracker revealed that compared to February 2022, combined sales of delivery and takeaway food last month declined by 6% as more customers…
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15 MarchNews
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 number of measures announced in chancellor Jeremy Hunt’s Spring Budget. To help offset the corporation tax rise, Hunt also announced a provision of £9bn of “full capital expensing” which for…
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3 MarchBusiness
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 London. Drawing from her Nigerian heritage, chef and founder Joké Bakare opened the restaurant in 2020 in a 32-cover location in Brixton Village which was originally supposed to only last…
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2 MarchPubs and Bars
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 living crisis and rail strikes, new research has found. The ‘State of the North’ research from Northern Restaurant and Bar and CGA by NielsenIQ found that in most key northern…
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2 MarchCatering Companies
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 Bidfood. Caterers’ sales in the private sector were up by 32% year-on-year as more people switched back from home-based working to offices. However, Q4 in 2021 was impacted by growing…
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