Inflation

Mitchells and Butlers sees LFL sales rise by 5.2%

Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a…

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Restaurants enjoy ‘strong’ delivery sales in August

Restaurant group ended the summer with “strong” delivery sales, as like-for-like sales grew by 7.3% in August, according to CGA…

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Drinks sales drop 5%

Drinks sales in the UK’s managed venues have dropped 5% for the week ended 14 September 2024, far less than…

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Five Guys European sales surge £90m in 2023

US burger chain Five Guys has reported that sales at its European arm rose by more than £90m to £542.9m…

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50 pubs a month ‘vanished’ during H1 2024

50 pubs a month have “vanished” for good from the English and Welsh communities calling last orders for the final…

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BoE holds interest rates at 5%

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the…

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Today’s news in brief – 18/09/24

Comptoir Group has seen its loss after tax widen to £1.7m in H1, despite reporting a revenue rise of 7.4%…

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Restaurants and hotels help keep inflation steady at 2.2% in August

The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of…

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Today’s news in brief – 11/09/24

Job vacancies have fallen below 100,000 for the first time since the pandemic, falling to 98,000, in what UKH has…

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Hospitality vacancies fall below 100,000 for first time since pandemic

Job vacancies in food service and accommodation have fallen below 100,000 for the first time since the pandemic, falling to…

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