Inflation

Greggs sales rise 15% in Q3

Greggs has seen its total sales rise by 14.6% for the 13 weeks to 1 October 2022, with company-managed shop…

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Chancellor announces sweeping tax cuts in first mini-budget

Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as…

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BoE raises interest rates to 2.25%

The Bank of England has today (22 September) announced that interest rates will be raised by 0.5%, with rates rising…

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City Pub Group trading hits pre-Covid levels in H1

City Pub Group has announced that trading volumes have returned to pre-pandemic levels in the first half of the year…

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UK F&B sector M&A deal value falls 90%, says Oghma Partners

Corporate finance house, Oghma Partners, revealed that the UK  food and beverage M&A deals are currently valued at around £270m…

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Inflation falls in August but remains near 40-year high

UK inflation eased slightly in August to 9.9%, down from 10.1% in July, but remains near a 40-year high as…

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Liberation Group reports ‘encouraging performance’ amid 6.3% sales rise

The Liberation Group, consisting of over 120 pubs, bars and inns across the UK, has reported that over the period…

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UKH calls for action as 1 in 5 businesses warn of collapse

UKHospitality has called on the government for increased support as a new survey has found that one in five hospitality…

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Foodservice prices rise in July despite easing in commodity markets

The foodservice sector has seen continued price rises in July at 1.6% over the month and year-on-year inflation stayed in…

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Drinks sales drop 13% on pre-Covid levels

On Premise drinks sales dropped 13% last week (in the seven days to 27 August) compared to pre-Covid levels in…

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