Inflation

Are seasonal visa’s the answer to the hospitality staffing issue?

To try and raise awareness and tackle some of the issues that many hospitality bosses are facing, a petition was…

Read More »

Half of Britain’s major cities show negative sales versus 2019

Out-of-home food and drink sales are in growth in only half of Britain’s 10 biggest city centres, as five major…

Read More »

Hospitality numbers ‘stable’ in Q2 but costs crisis threatens recovery

The number of licensed premises was just under 106,000 at the end of June 2022, almost exactly the same number…

Read More »

Inflation hits new 40-year high at 10.1%

Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI)…

Read More »

Rapidly escalating energy bills are killing pubs, says BII

The British Institute of Innkeeping (BII) has written to the secretary of state for BEIS and the chancellor to highlight…

Read More »

Foodservice inflation hits 11.5% in June

Inflation in the foodservice sector hit 11.5% in June, marking the fifth consecutive month of double-digit percentage inflation, according to…

Read More »

Hospitality leaders’ confidence falls to 23% in Q2

Only 23% of hospitality leaders are now confident about the next 12 months for the general market, according to a…

Read More »

BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

Read More »

Nightcap revenues jump 55.1% to £35.9m in FY22

Nightcap has reported its group revenues surged 55.1% year-on-year from £6m to £35.9m on a combined group of companies basis…

Read More »

How the Hospitality Industry can combat the insolvency crisis

After a report from UHY Hacker Young showed that UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to…

Read More »