Inflation

Greene King workers to strike over pay

Workers at Greene King have announced strike action, according to Unite, with 188 workers who are members of the union…

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1 in 9 hospitality roles remain vacant despite recruitment efforts

One in nine hospitality jobs remain vacant despite some recent improvements in recruitment, according to new findings from CGA by…

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Restaurant insolvencies rise by 60% over the past year

Restaurant company insolvencies have increased by 59% over the past year, rising from 984 in 2020/21 to 1,567 in 2021/22,…

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Fuller’s revenues hit £169 in H1

Fuller’s has seen revenues increase to £168.9m in its half-year results, up from £116.3m the prior year, as trade recovered…

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Food prices rise by a fifth in just 12 months

The CGA food price index has continued to rise with food price inflation hitting 19.9% for October 2022, making it…

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Chancellor freezes tax thresholds in Autumn statement

Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…

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Costs crisis wipes out hospitality growth despite October sales rise

Sales in October 2022 for restaurants, pubs and bars rose by 1.5% when compared with  October 2022, according to the…

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Contract catering Q3 sales up 41% but remain below 2019 levels

Sales in the contract catering sector have increased 41% between July and September this year, however still remain below pre-Covid…

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Hospitality faces £900m business rates hike 

Hospitality businesses will face a £3.6bn bill next April if business rates increase in line with inflation and current relief…

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Hospitality sales rise by 4% in British cities 

Pubs, bars, and restaurants have reported positive sales in Britain’s major cities, despite high inflation making real-terms growth “very difficult”,…

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