Inflation

UK inflation rises to 0.5% after EOTHO ends

UK inflation for the month of September increased to 0.5% after the end of the Government’s Eat Out to Help…

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UK inflation slumps to five-year low

The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1.0% in July, according to…

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Menu prices see ‘modest’ rise post-lockdown

Operators have increased the price of menu items by 1.5% since lockdown ended, against the prior year, according to the…

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UK inflation hits four-year low

The UK’s inflation rate dropped to 0.5% in May, down from 0.8% in April, according to new figures from the…

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Food and beverage inflation hits 12-month low

Foodservice pricing reached its lowest point for 12 months in February 2020 with the majority of food and beverage categories…

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UK GDP expected to contract by 15% in Q2 2020

The UK economy is about to enter the deepest recession since the financial crisis, including the steepest quarter-on-quarter decline in…

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ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the…

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Heston Blumenthal’s Fat Duck profits rise to £750,000

Heston Blumethal’s Fat Duck restaurant in Bray, Berkshire, has seen its profits more than double, according to its latest documents…

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Inflation jumps, physical money nearing the end, immigration to prioritise skills, £150m film studio to launch

Inflation has reached its highest rate in six months, at 1.8%, after the price of fuel and energy rose over…

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Hospitality wages increase in January

The average wage in the hospitality industry rose by 2.5% in January to £8.84, according to the new statistics from…

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