Inflation

Food and drink inflation nears 20% amid storm of cost pressures

Inflation in food and drink prices hit a “record” high of 18.8% in September 2022, marking the eighth consecutive month…

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Halloween raises weekend spirits and drinks sales

Average drink sales in managed UK venues have grown 2% year-on-year in the seven days to 29 October due to…

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BoE raises interest rates to 3%

The Bank of England (BoE) has raised the base rate of interest to 3%, an increase of 0.75%, as it…

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Hospitality sector confidence plummets further amid inflation crisis 

Soaring costs and economic uncertainty have “severely dented” confidence in Britain’s hospitality sector, according to new research from CGA by…

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Haysmacintyre reveals continued drop in hospitality confidence

Business confidence and outlook within the hospitality sector has reportedly plummeted among hospitality traders, according to new research targeting pubs,…

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UKH calls for Liverpool City Council to scrap late night levy

UKHospitality has urged Liverpool City Council to remove its late night levy, warning that continuing to collect the levy alongside…

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Leavers rate in hospitality jobs highest since March 2020, research finds

More staff are leaving jobs in hospitality now than at any time since the start of the pandemic, with the…

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Fulham Shore H1 revenues up 35% on pre-Covid levels

Fulham Shore has reported that its revenues for the six months to 25 September 2022 (H1) have increased by 35%…

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Third of hospitality businesses at risk of going bust amid soaring costs

Over a third of the UK’s hospitality sector is at risk of business failure in early 2023 due to soaring…

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Drinks sales surpass 2021, but inflation slows growth

Average drink sales in managed venues in the seven days to Saturday (15 October) were 5% ahead of the same…

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