Inflation
-
Aug- 2022 -3 AugustRestaurants
D&D revenues at 90% of pre-covid levels
D&D has revealed its group revenues in the 15 months since reopening after lockdown stand at £163m, 90% of its…
Read More » -
2 AugustNews
Hospitality staffing nearing pre-pandemic levels
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff…
Read More » -
Jul- 2022 -28 JulyNews
Rockfish sales hit £13m amid new post-Covid model
Rockfish, the nine-strong seafood restaurant group led by Mitch Tonks, has announced sales hit £13m during the year ended April…
Read More » -
27 JulyPubs and Bars
Marston’s like-for-like sales drop 2%
Marston’s plc has revealed its like-for-like sales dropped 2% for the 42 weeks to 23 July FY22, compared to the…
Read More » -
25 JulyNews
UK restaurant insolvencies surge 64%
UK restaurant insolvencies have jumped 64% year-on-year from 856 in 2020/21 to 1,406, as rising inflation, decreased consumer spending and…
Read More » -
20 JulyRegulations & Policies
UKH calls for reformed business rates reductions to be reflected in bills
UKHospitality has called for reductions under reformed business rates to be reflected in bills “as quickly as possible” in response…
Read More » -
20 JulyPubs and Bars
Hospitality sales rise 5% in June, but inflation ‘bites’
Britain’s managed restaurant, pub and bar groups saw like-for-like sales in June rise 5% above pre-Covid levels in June 2019,…
Read More » -
18 JulyPubs and Bars
New PM must support beer and pubs, BBPA urges
A letter urging the new leader of government to support pubs during the cost of living crisis has been penned…
Read More » -
15 JulyFood and Drink
Foodservice inflation hits double digits for fourth month in a row
Inflation in the foodservice sector topped 10% for the fourth successive month in May, according to the new edition of…
Read More » -
13 JulyPubs and Bars
JD Wetherspoon warns of full-year losses amid ‘laborious’ recovery
JD Wetherspoon has warned it is expecting an annual loss of £30m in its upcoming full-year results, as recovery for…
Read More »