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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Jan- 2023 -16 JanuaryBusiness
UKH says lack of support hinders Scottish hospitality
Scottish hospitality businesses are said to be operating at a “significant” disadvantage to those in England and Wales, as a result of the Scottish government’s reluctance to support businesses, according to UK Hospitality. The hospitality organisation has addressed the Scottish government’s finance and public administration committee on the urgent need…
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9 JanuaryRestaurants
Giggling Squid FY turnover doubles to £66m
Thai restaurant chain Giggling Squid has announced that its FY turnover doubled to £66m, up from £33.9m the previous year. For the full-year period ended April 2022, the company stated that its EBITDA was £11.1m for the period compared with £5.5m in the year to March 2021. It believed that…
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Dec- 2022 -22 DecemberGovernment
Business energy bills to be capped under new gov scheme
The government has unveiled a new plan that is set to cap wholesale energy bills for businesses for an initial six-month period from 1 October. The Government Energy Bill Relief Scheme, unveiled today (21 September) by business secretary Jacob Rees-Mogg, will reportedly bring support for households, businesses and public sector…
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22 DecemberBusiness
Hospitality real terms sales behind pre-pandemic levels
Hospitality turnover for the year ended September 2022 increased 1.3% to £135bn but this is a real terms decrease compared with 2019, according to data from CGA. Inflationary pressures have meant that even though a 1.3% increase is the first time a full-year figure has been above pre-pandemic levels, it…
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19 DecemberFood and Drink
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 20%. This is the 10th consecutive month of double digit inflation and every category in the index recorded double digit inflation. Oils and fats remained at unprecedented levels, reporting a…
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16 DecemberRestaurants
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 record highs during the pandemic, CGA has found. CGA and Nielsen IQ’s latest Hospitality at Home Tracker found that combined sales in November 2022 were 1% behind November 2021, the…
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15 DecemberNews
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 interest to 3.5%, the highest level in 14 years. At a meeting held on 14 December 2022, the Bank’s MPC voted by a majority of 6-3 to increase rates by…
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9 DecemberRestaurants
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 joined together as part of the Zero Carbon Forum CEO/CFO roundtable held at Carousel, London, to discuss how the sector can decarbonise while the industry is facing multiple crises. The…
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8 DecemberBreweries and Distilleries
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 stated on its website that Undebt.co.uk had been appointed as administrators and are managing the affairs, business and property of the company. Administrators are looking into potential acquisitions for the…
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7 DecemberPubs and Bars
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 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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