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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Dec- 2022 -6 DecemberPubs and Bars
Marston’s returns to profit in FY22
Marston’s has returned to profit in the year ended 1 October 2022, with pre-tax profits hitting £163.4m, up from a loss of £171.1m the prior year, as the group welcomed a return to normalised trading. It comes as like-for-like sales reached 99% of 2019 levels despite a disrupted Christmas trading…
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5 DecemberPubs and Bars
Energy costs ‘biggest threat’ to pubs’ viability, report finds
Energy bills returning to their regular rate post-March would put pubs and brewers at a loss of 20% on average, according to a new report by Frontier Economics, produced for the British Beer and Pub Association (BBPA). The report found that energy costs were currently the biggest threat to their…
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Nov- 2022 -30 NovemberRestaurants
Azzurri Group revenues double in FY22
The Azzurri Group has seen total revenues rise by £119m to £235.9m in its full-year results, an increase of 101.8% against the prior year as the group rebounded from the pandemic. The increased sales helped boost profit before tax, which hit £2.7m in the year ended 26 June 2022, up…
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28 NovemberFood and Drink
Drinks sales up YOY for ninth week in a row
On premise drinks sales in the UK have exceeded 2021 levels for the ninth successive week, according to data from CGA’s drinks recovery tracker. Average sales by value in the seven days to Saturday, 19 November, were 3% ahead of the same week last year, despite the mounting pressure on…
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24 NovemberBreweries and Distilleries
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 set to partake. The workers in question are based at Bury St Edmunds, Eastwood (Nottinghamshire) and Abingdon (Oxfordshire), and brew and distribute Greene King’s products including IPA, Old Speckled Hen…
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22 NovemberPeople
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 NielsenIQ and Fourth. Their October Business Confidence Survey found that 11% of roles are still vacant, a figure that is level with the last survey three months ago, but down…
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21 NovemberBusiness
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, according to Mazars. In the last three months alone, the number of restaurant companies becoming insolvent rose by 15% to 453, up from 395 the previous quarter. It comes as…
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17 NovemberPubs and Bars
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 from the impact of Covid restrictions. Over the period, like-for-like sales rose by 20% compared to the prior year, with Central London sales growing by 67%. Adjusted profit before tax…
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17 NovemberBusiness
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 nine consecutive months of double digit inflation. Core hospitality products like meat, fish, vegetables and fruit are now all in the 16%-to-19% range year-on-year. Food in total climbed a further…
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17 NovemberNews
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 cuts and spending cuts totalling £55bn in the Autumn statement. As part of the new measures, Hunt confirmed that tax as a percentage of GDP will rise by over 1%…
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