Inflation

Contract catering sales rise 12% YoY in Q4

Britain’s top contract caterers saw their sales grow by 12% year-on-year in the fourth quarter of 2024, according to the…

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The Nero Group sales rise 13% to $680m in FY24

The Nero Group has reported that overall sales rose by 13% to $680m (£539m) in the year to 31 May…

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Today’s news in brief – 10/02/25

Red Engine has unveiled its 2025 global expansion plans as its Q4 sales rose 24% to £25.3m. The hospitality group…

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Number of late-night hospitality venues falls by 2.8% in 2024

Britain’s late-night hospitality sector had a total of 2,264 nightclubs, late-night bars and casinos at the end of 2024, spelling…

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Hospitality challenges ‘far from over’ despite BoE rate cut

The decision to reduce the base rate on 6 February was an attempt to stimulate economic growth in a “stagnant”…

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Today’s news in brief – 07/02/25

Foodservice prices rose by 1% in December, the highest monthly jump since July 2024, raising fears of renewed price pressures…

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Foodservice prices rise 1% in December as inflation concerns mount

Foodservice prices rose by 1% from November to December – the highest monthly jump since June 2024 – raising fears…

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BoE cuts interest rates to 4.5%

The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…

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Storm Éowyn curtails drinks sales revival in January

Drinks sales in the UK fell 5% year-on-year in the seven days ended Saturday 25 January as Storm Éowyn caused…

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Takeaway sales flatline in December amid more Xmas socials

Delivery and takeaway sales at restaurant groups saw year-on-year growth slow to 1.9% in December 2024 as consumers’ shifted towards…

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