Labour Costs
Coverage examines how wage increases, scheduling practices, and staffing challenges are impacting labour costs across UK restaurants, pubs, bars, and catering businesses. Reporting includes analysis of National Minimum and Living Wage uplifts, employer pension contributions, rota optimisation tools, recruitment trends, and cost-control strategies used by multi-site and independent operators. Insight is designed for finance leads, GMs, and HR teams balancing team performance, compliance, and profitability in a competitive labour market.
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Jun- 2023 -15 JuneBusiness
Foodservice price inflation goes back above 20% in April
Foodservice price inflation has unexpectedly risen back above 20% to 21.4% in April, according to data from CGA. Price increases had begun to slow in Q1 this year, and inflation dipped below 20% in March for the first time since mid-2022. However, the rebound in April underlines the severe cost…
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Apr- 2023 -17 AprilFood and Drink
Foodservice price inflation falls slightly but remains over 20%
Foodservice price inflation fell slightly to 20.6% year-on-year in February 2023, according to data from CGA strategy. The figure is below the record high of 22.9% in December 2022 showing clear signs that food inflation is beginning to ease. The full basket of food measured by the Index increased by…
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Feb- 2023 -23 FebruaryFood and Drink
Foodservice price inflation sees first fall since September 2021
Foodservice price inflation dropped to 22% in January, a decrease of 0.9% from September, according to data from CGA strategy. While only a small decrease in inflation it represents the first fall in foodservice price inflation since September 2021. However, all categories remain in double-digit inflation, with oils and fats…
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16 FebruaryRestaurants
Final quarter of 2022 ‘worst on record’ for restaurant closures
The final quarter of 2022 was the “worst on record” for restaurant closures, as 504 restaurant companies entered insolvency in Q4 of 2022, according to new data from Mazars. This marked an 11% rise against the previous quarter. Meanwhile, restaurant company insolvencies reached their highest level in four years in…
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Dec- 2022 -22 DecemberBusiness
Hospitality real terms sales behind pre-pandemic levels
Hospitality turnover for the year ended September 2022 increased 1.3% to £135bn but this is a real terms decrease compared with 2019, according to data from CGA. Inflationary pressures have meant that even though a 1.3% increase is the first time a full-year figure has been above pre-pandemic levels, it…
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Nov- 2022 -7 NovemberPubs and Bars
Scottish hospitality joins forces to launch new ‘Help Out Hospitality’ campaign
A group of Scottish hospitality businesses have backed a new ‘Help Out Hospitality’ campaign aimed at supporting battling for survival due to rapidly escalating costs. Edinburgh’s Brewhemia; McKays Hotel in Perthshire; Links House at Royal Dornoch in Sutherland; Ingliston Country Club and Hotel in Renfrewshire; Tyneside Tavern and Mazzoli Italian…
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Jul- 2022 -13 JulyPubs and Bars
JD Wetherspoon warns of full-year losses amid ‘laborious’ recovery
JD Wetherspoon has warned it is expecting an annual loss of £30m in its upcoming full-year results, as recovery for many businesses has been “slower and more laborious” than first anticipated. After investing heavily in labour, repairs and marketing, the group expects FY22 losses to be higher than expected, as…
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May- 2022 -13 MayFood and Drink
Wendy’s sees Q1 profits fall by almost 10%
Wendy’s has reported that its operating profit dropped 9.9% to $74.9m (£61.46m) in the first quarter of FY22, compared to $83.1m (£68.19m) in the same period last year, due to higher general and administrative expenses and a decrease in the company-operated restaurant margin. Wendy’s company-operated restaurant margin fell 5.4% to…
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Apr- 2022 -12 AprilFood and Drink
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 edition of the Foodservice Price Index from CGA and Prestige Purchasing. The double-digit increase was fueled by challenges including a surge in demand, the “lingering” impacts of Covid, additional costs…
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1 AprilGovernment
VAT rise to result in double-digit price increases, UKH warns
VAT in hospitality will rise from 12.5% to 20% on 1 April 2022, which UKH said “will result in double-digit price increases for consumers as operators struggle to survive” as the sector is forecasting cost inflation running at 18%. Recent business surveys show the industry is facing a 95% hike…
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