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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Jun- 2022 -16 JuneNews
BoE raises interest rates to 1.25%
The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its fifth rise in a row as it bids to offset the impact of rising inflation. The Monetary Policy Committee voted by a majority of 6-3 to increase the rate to…
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15 JuneFood and Drink
UK eating out market to value £95.2bn in 2022
The UK eating out market is set to value £95.2bn in 2022, up 4% from pre-Covid levels in 2019, according to the new Lumina Intelligence UK Eating Out Market Report 2022. Lumina Intelligence said this means that inflation is outpacing market growth. Overall, outlet growth is expected to be positive…
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13 JuneRestaurants
Losses at top 100 UK restaurant groups surge 24% to £832m
Losses at the Top 100 UK restaurant groups grew 24% from £673m to £832m in just the past six months, according to a new study by UHY Hacker Young, the national accountancy group. It said the scale of the losses has been driven by the effects of major restructuring programmes…
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10 JuneFood and Drink
High food and drink inflation to extend into 2023
The high food and drink inflation seen in recent months could extend into 2023, the CGA has warned, in light of ongoing high energy costs and “unstable” global supplies. Foodservice prices in April were already 10% higher than in April 2021, the third month of double-digit inflation in a row,…
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9 JuneBusiness
Hospitality staff least likely to receive cost of living pay boost
Hospitality workers are among the least likely to receive a pay rise from their employers in order to help them through the cost of living crisis, according to a new survey. The study, from personal finance experts Forbes Advisors, surveyed over 5,100 UK adults and found that lowest of all…
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8 JuneRestaurants
Franco Manca owner to open 11 sites amid strong trading
The Fulham Shore, owner of Franco Manca and Real Greek, has unveiled plans to open 11 new sites this year following a period of strong trading for the group. The group said it has continued to trade well and in line with expectations during April and May 2022, serving over…
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6 JunePubs and Bars
Revolution Bars Group to open first new sites in four years
Revolution Bars Group, the operator of Revolution, Revolución de Cuba, Playhouse and Founders and Co, has announced it is to open new sites for the first time in four years. The two new sites, based in Exeter and Preston, take the group’s total number of venues to 69, with Revolution…
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6 JuneTrade Associations
10,000 hospitality businesses face closure, UKH CEO warns
The CEO of UKHospitality has warned that 10,000 pubs and restaurants could face closure in light of rising inflation, energy costs and rents across the industry. Kate Nicholls told the Mail on Sunday that the hospitality sector was now facing “as big a crisis, if not bigger”, since the pandemic. …
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May- 2022 -26 MayRestaurants
Fridays owner set to double estate despite profit warning
Hostmore is set to expand its portfolio with the addition of three new sites in FY22, as it outlined its ambition to almost double its site locations from the current 89 over the medium term, subject to an improved trading environment. The owner of Fridays and 63rd+1st said this growth…
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23 MayPubs and Bars
Drinks sales continue to rise for fourth week in a row
A warm Saturday helped Britain’s On Premise to end the week’s drinks sales just ahead of pre-COVID-19 comparatives, according to CGA’s latest Drinks Recovery Tracker. Average sales by value in managed pubs, bars and restaurants in the seven days to (14 May) were 1% up on the same week three…
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