Inflation

Inflation reduction 'no time to break out champagne'

15-Nov-2023 By Rebecca Weller

Decline in headline rate to inflation “encouraging” but “no time to break out the champagne” for hospitality firms, industry leaders have said.

Review of the Week

'We're cheaper than McDonalds!'

11-Aug-2023 By Ed Bedington

The Morning Advertiser's Ed Bedington caught up with Revolution boss Rob Pitcher to get his take on the week's news from inflation to late night closures and the opportunities for AI.

Sector 'not out of the woods' as inflation eases

19-Jul-2023 By Rebecca Weller

The downturn in inflation is “positive news” for the sector but firms are not “out of the woods yet”, according to industry leaders.

Review of the Week

Inflation 'is a bit of a worry'

30-Jun-2023 By Ed Bedington

The Morning Advertiser's Ed Bedington caught up with Oisín Rogers who's about to open the Devonshire Soho, to get his views on the week's news.

Stagnant inflation rates 'holding sector back'

21-Jun-2023 By Rebecca Weller

Consumers expected to "tighten purse strings" once again as stagnant inflation leaves the sector with “little opportunity for growth”.

Sector 'still suffering' despite ease to headline inflation rate

24-May-2023 By Rebecca Weller

Hospitality firms are “not out of the woods yet” despite an ease to the headline rate of inflation, according to trade bodies from across the sector.

OPINION

Strangling hospitality demand not the solution to inflation

16-May-2023 By Ed Bedington

The idea that raising interest rates to try to curb consumer spending in pubs, bars and restaurants is another slap in the face for a sector that seems to have become the whipping boys for the authorities.

OPINION

Governor's inflation calls a slap in the face

24-Mar-2023 By Ed Bedington

The Bank of England Governor has called on businesses, including pubs, to not raise prices to avoid fuelling inflation.

Rising inflation shows 'clear correlation' with soaring prices in sector

22-Mar-2023 By Rebecca Weller

Inflation rates “unexpectedly” rose by 10.4% in the 12 months to February 2023, the latest Consumer Price Index (CPI) figures from the Office For National Statistics (ONS) have revealed.

Inflation rates continue to 'hinder' sector

15-Feb-2023 By Rebecca Weller

Inflation rates show “promising” signs but price increases continue to “hinder” the hospitality sector, according to UKHospitality chief executive Kate Nicholls.

Sector needs 'urgent clarity' to 'bounce back'

14-Dec-2022 By Rebecca Weller

As mounting costs in the hospitality sector make the largest upward contribution to inflation, the sector needs “urgent clarity” from the Government on measures to help businesses “bounce back” in 2023.

Winter looks 'bleak' as food prices rise

30-Nov-2022 By Rebecca Weller

Winter looks “increasingly bleak” as food inflation accelerated to 12.4% in November, the highest inflation rate in the food category on record, according to the British Retail Consortium (BRC) index.

Inflation sees biggest increase in over 40-years

16-Nov-2022 By Rebecca Weller

Record setting inflation figures will “undoubtedly cause anxiety” for businesses as keeping costs under control becomes “ever-more challenging”, according to leaders from across the sector.

Food costs rise despite 'positive' inflation dip

14-Sep-2022 By Rebecca Weller

Inflation rates saw “positive” dip in August 2022 but battling continuously rising food prices “vital to tackling cost of doing business”, according to UKHospitality (UKH) CEO Kate Nicholls.

Food inflation hits 9.3%

01-Sep-2022 By Rebecca Weller

Food inflation soared to its highest level in 14 years during August as pubs continue to “feel the squeeze from every angle”.

Honesty crucial amid cost-of-living crisis

23-Aug-2022 By Rebecca Weller

Transparency is key for SMEs in navigating price increases as the cost-of-living crisis continues for both businesses and consumers, Metro Bank has stated.

No sign of 'let up' as inflation exceeds 10%

18-Aug-2022 By Rebecca Weller

Pubs are stuck between a “rock and a hard place” as inflation and energy costs has continued to soar while consumer spend and confidence plummets, according to trade bodies across the sector.

Drought 'latest in long line of global food supply threats'

08-Aug-2022 By Rebecca Weller

Inflation in the foodservice sector rocketed to 11.5% in June in the fifth consecutive month of double-digit percentage inflation with drought outside of the UK posing the latest threat to supply, the latest edition of the CGA Prestige Foodservice Index...

Businesses warned to prepare for 'difficult period'

27-Jul-2022 By Rebecca Weller

Businesses must prepare for a difficult period as fresh food inflation soared to 8% in July 2022, the fastest rate of increase since April 2012, according to the British Retail Consortium (BRC).

Adaption will be key to survival

21-Jul-2022 By Ed Bedington

The MA's Ed Bedington caught up with Lee Price operations director of the Royal Pier in Aberystwyth for his take on the week's news, from escalating costs to the rising temperatures.

Inflation in foodservice sector tops 10%

15-Jul-2022 By Rebecca Weller

Inflation in the foodservice sector topped 10% for the fourth successive month in May, the latest edition of the CGA by NielsenIQ and Prestige Foodservice Price Index has revealed.

GDP grows 0.5% but sector remains behind

14-Jul-2022 By Rebecca Weller

The hospitality sector saw a decline in May despite the UK economy having grown by 0.5%, the latest figures from the Office for National Statistics (ONS) have revealed.

The Lock In Podcast

Lock In season finale - coping with what lies ahead

07-Jul-2022 By Ed Bedington

The second season of the Lock In podcast draws to a close as the team take a look at what lies ahead for the pub sector and seek some expert advice to allow operators to prepare.

The MA's Review of the Week

‘You can’t have a bad operation and charge a premium’

24-Jun-2022 By Ed Bedington

Operators continue to stare down the barrels of inflation as Ed Bedington catches up with the Little and Large Pub Co’s Manu Bhatt to get his take on the week’s news.

The MA's Review of the Week

‘Deliveroo, over my dead body’

17-Jun-2022 By Ed Bedington

Hospitality and experience will be key in the fight for the consumer spend according to Sarah Weir as she discusses the events of the week and the market challenges with the MA's Ed Bedington.

GDP increases by 0.8% in first quarter of 2022

12-May-2022 By Rebecca Weller

UK gross domestic product (GDP) increased by 0.8% during the first quarter of 2022 according to figures released by Office For National Statistics (ONS) today (Thursday 12 May).

The MA's Review of the Week

Pubs must remain an affordable treat

29-Apr-2022 By Ed Bedington

The MA's Ed Bedington catches up with Anglian Country Inns md James Nye to get his take on the week's news, from inflationary pressures, the return to the "new normal" and tackling the recruitment crisis.

Seasonal fruit and veg prices soar by 37%

22-Apr-2022 By Amelie Maurice-Jones

Soaring inflation rates have seen seasonal fruit and veg prices increase on average by 37% versus the same period in 2020, revealed data from the Government’s Department for Environment, Food & Rural Affairs (DEFRA).

Hospitality sector entering 'catastrophic period'

01-Apr-2022 By Rebecca Weller

Pubs have had no breathing time following the pandemic as rising costs pose multiple challenges for operators who have survived by “the skin of their teeth” with the potential for a "catastrophic" and "very tough" year ahead, according...

Inflation of food and drink more than twice December's rate

17-Mar-2022 By Rebecca Weller

Food prices increases accelerated sharply in January with more prices to come, according to the latest edition of the CGA Prestige Foodservice Price Index.

The MA's Review of the Week

The economic impact of Ukraine invasion will be felt across the world

25-Feb-2022 By Ed Bedington

The MA's Ed Bedington catches up with Valiant Pub Co boss Gerry Carroll to get his take on the latest headlines hitting the industry, from managing the exit of restrictions through to the impact of war in Europe on the trade.

Cost of a pint could be more than £10 by the end of the decade

22-Feb-2022 By Rebecca Weller

An average a pint could cost more than £10 by the end of the decade, new research from marketing analysists Admirals has revealed.

Pubs warned of more price rises after inflation surge

21-Feb-2022 By Amelie Maurice-Jones

Year-on-year inflation in the foodservice sector reached 3.5% in December 2021, the latest edition of the CGA Prestige Foodservice Price Index has revealed.

Review of the Week

‘I am worried about people having less money in their pockets’

18-Feb-2022 By Ed Bedington

The MA's Ed Bedington catches up with Glendola's Alexander Salussolia to get his views on the current market, inflationary pressures, financial considerations and what the future holds for hospitality operators.

BBPA calls for Gov help as inflation hits 30-year high

16-Feb-2022 By Amelie Maurice-Jones

The British Beer and Pub Association (BBPA) has urged the Government to help the sector after inflation hit a 30-year high last month (January).

Food prices set to rise at least 3% by new year

17-Nov-2021 By Nikkie Thatcher

Foodservice prices will be under severe pressure in the run up to Christmas due to rising demand, product shortages and distribution issues, new research has revealed.

The MA's Review of the Week

'Can't look at Government, we have to take responsibility for our own businesses'

15-Oct-2021 By Ed Bedington

The Morning Advertiser's Ed Bedington caught up with Brakspear's ceo Tom Davies to discuss the week's headlines, from inflation to business rates reform.

Food and drink demand ‘likely to peak again in September’

18-Aug-2021 By Nikkie Thatcher

The issues around food and drink supply after pubs reopened and warm weather are likely to increase again with demand predicted to rise in September, when schools and businesses push up order levels.

Cost of food continues to fall

09-Mar-2018 By Nikkie Sutton

Raw ingredients prices fell in January this year, when compared with December 2017, thanks to a drop in costs of bread and dairy.

Foodservice prices rose again in December

06-Feb-2018 By Nikkie Sutton

Wholesale foodservice price inflation rose to 5.1% in December 2017, a sign of continued volatility in the market despite the easing of some pressures, according to the new figures.

Foodservice inflation eased in November 2017

09-Jan-2018 By Nikkie Sutton

Wholesale foodservice price inflation fell for the third month in a row, easing to 3.4% in November last year, according to research.

Food and drink inflation will ease in 2018 but prices unlikely to fall

12-Dec-2017 By Nikkie Sutton

Wholesale food and drink inflation is expected to ease to 3.4% by the end of next year, but the cost of many ingredients will be more, a report has revealed.

Foodservice price inflation steadies for October

29-Nov-2017 By Nikkie Sutton

Wholesale foodservice price inflation fell for the second month in a row last month (October) from 6.5% to 5.8%, according to the new edition of the CGA Prestige Foodservice Price Index.

Pub sector remains resilient despite consumer spending slowdown

07-Nov-2017 By Michelle Perrett

Consumers refuse to reduce their spend on eating and drinking out in pubs and restaurants, despite a spending slowdown across the UK.

Foodservice price inflation eases for September

30-Oct-2017 By Nikkie Sutton

Wholesale foodservice price inflation fell to 6.5% in September, down from a record high in August of 9.3%, according to new figures.

Food price inflation is the biggest challenge for 81% of operators

18-Oct-2017 By Nikkie Sutton

The rising cost of ingredients is the number one challenge for operators, according to a survey from data experts.

Ingredients inflation ‘highest in history of Foodservice Price Index’

03-Oct-2017 By Nikkie Sutton

Wholesale foodservice price inflation grew to 9.3% in August this year, reversing two months of falls, according to new figures.

BBPA issues warning over beer tax in Budget

13-Sep-2017 By Michelle Perrett

The British Beer & Pub Association (BBPA) has issued a warning that the rocketing inflation rate should not be used to ratchet up beer taxes in the autumn Budget.

Wholesale foodservice price inflation down in July

30-Aug-2017 By Nikkie Sutton

Inflation in wholesale foodservice hit 7% in the 12 months to July this year, a drop from 8.8% in June and 9% in May.

Employment rate lowest since 1975

16-Aug-2017 By Georgina Townshend

The unemployment rate is the lowest it has been since 1975, official figures have shown, with 125,000 more people in work in the three months from April to June 2017.