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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Aug- 2022 -5 AugustBusiness
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 new business confidence survey by CGA and Fourth. This is barely a third of the 65% that were confident in their last survey in March. The survey also revealed that…
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4 AugustNews
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 1995. In its latest announcement, the BOE also projected that the UK would fall into a recession in the fourth quarter of the year, which is expected to last for…
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4 AugustPubs and Bars
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 for the 53 weeks ended 3 July 2022 (FY22), with like-for-like revenues up 23.6%. The fourth quarter ended 3 July 2022 (Q4 FY22) also saw group revenues jump 73.2% to…
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3 AugustComment
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 1,406, Kate Nicholls, CEO of UK Hospitality, warns that “it’s quite clear that this is just the tip of the iceberg”. The past quarter represented the largest number of restaurant…
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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 pre-covid levels. UK revenues stand at £143m, 91% of pre-covid levels, while overseas revenues are at £20m. 83% of pre-covid levels. Meanwhile, group EBITDA stands at £17m, 122% of pre-covid…
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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 turnover, and the changing make-up of the workforce, are piling pressure on employers. The latest data from Fourth, the industry provider of inventory and workforce management solutions, found there are…
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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 2022 as it moved to a new post-Covid business model. The restaurant also reported EBITDA of £2.9m and group EBITDA £1.34m. The company reported its most “significant change” for Rockfish…
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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 same period in FY2019, due to the reintroduction of trading restrictions in December and January, and the impact on consumer sentiment in H1. However, total retail sales in the group’s…
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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 labour shortages are driving restaurants out of business, according to new data from UHY Hacker Young. There were 431 restaurant insolvencies in the last quarter alone (in the three months…
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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 to the government’s consultation on transition for the next business rates revaluation In its full response UKHospitality has called for: Assurance that the scheme will allow for all businesses to…
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