Inflation

Foodservice Price Index hits record high as supply issues mount

Year-on-year inflation in the foodservice sector hit 13.6% in March 2022 due to the impacts of the war on Ukraine…

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Drinks sales remain above pre-Covid levels for second week

On premise drinks sales held just above pre-Covid levels for the second week in a row in the seven days…

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Domino’s welcomes strong trading in Q1

Domino’s has welcomed a period of strong trading in its first quarter, with like-for-like system sales, excluding splits and the…

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BoE raises interest rates to highest level since 2009

The bank of England (BoE) has raised interest rates to its highest level since 2009 – marking the fourth time…

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GMB warns of ‘summer beer drought’ as brewery workers support strike

The GMB trade union has warned of a “summer beer drought” after brewery workers voted in favour of strike action.…

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Whitbread brings back dividend as it returns to profitability

Whitbread PLC has reported it has returned to profitability in the 53-week period ended 3 March 2022 (FY22) as it…

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Managed group sales up 4% in March despite inflation, data finds

Despite the high inflation, Britain’s managed restaurant, pub and bar groups achieved a 4% increase in like-for-like sales from pre-Covid-19…

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Restaurant owners facing mental health crisis, research finds

Over a third of restaurant owners across the country reported that their mental health was worse at the end of…

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Foodservice inflation hits double-digits in February

Cost pressures are intensifying as year-on-year inflation in the foodservice sector hit 10.2% in February 2022, according to the latest…

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Hospitality ‘optimistic’ on prospects but cost pressures threaten recovery

Almost two thirds of restaurant, pub and bar leaders are “increasingly optimistic” about the market’s prospects for 2022, according to…

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