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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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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Mar- 2022 -30 MarchFeatures
Sunak’s Spring Statement: What it means
“Businesses are going to be incredibly challenged to sustain themselves, having just begun some recovery after Covid,” reveals Lionel Benjamin, co-founder of AGO Hotels. The hospitality industry was already “decimated” by the Covid-19 pandemic and now, following Sunak’s announcement, the sector is being further burdened with VAT rates going back…
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18 MarchCatering Companies
J D Wetherspoon returns to normal trading amid improving sales
In the most recent three-week period, to 13 March 2022, J D Wetherspoon has revealed it has seen sales improve to just 2.6% lower than the equivalent period in 2019. In its preliminary results for the 26 weeks ended 23 January 2022, the group reported revenues of £807.4m, down by…
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Feb- 2022 -7 FebruaryNews
Price rises for consumers now ‘inevitable’, says UKH
Nearly half of operators (47%) are reporting that they will be forced to increase consumer prices by over 10% this year, with 15% anticipating hikes of over 20%, according to a UKHospitality survey. of over 340 hospitality businesses representing 8,200 venues, employing 190,000 people. Overall, it is expected that prices…
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1 FebruaryPubs and Bars
UKH urges gov to boost duty reforms
UKHospitality has revealed that while it has “heralded” the reforms to the alcohol duty system that were announced in the last budget, it is now urging the government to support the “beleaguered” industry further by expanding them. In its response to a government consultation, UKHospitality has called for the government…
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Jan- 2022 -31 JanuaryRestaurants
UKH outlines guidance for calorie labelling legislation
UKHospitality has produced guidance on the new calorie labelling legislation, due to be implemented this April. It is intended to help affected businesses and to ensure consistent enforcement post-April and is therefore available to anyone in the sector, not just UKHospitality members. The guidance has been compiled in conjunction with…
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28 JanuaryBusiness
UKH welcomes launch of mission to help 500,000 find work
UK Hospitality has welcomed the launch of a new Department for Work and Pensions (DWP) scheme to help 500,000 jobseekers into work by the end of June. It comes after latest figures from the ONS showed the demand for workers with a record 1.2 million vacancies to fill, 59% higher…
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