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 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.
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).
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...
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 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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
Inflation in wholesale foodservice prices hit 9% in May this year, the highest in almost nine years, according to CGA Prestige Foodservice Price Index.
Stability is urgently needed for the hospitality sector to help operators deal with the impact of the general election on food and drink inflation, buying company Lynx Purchasing has warned.
Wholesale foodservice price inflation fell slightly to 5.8% in April, on the back of the weak pound and rises in fish and coffee costs, according to reports.
Mitchells & Butlers has credited an "innovative agenda" including vegan meals, low-calorie Prosecco and its Miller & Carter steakhouse format for the rise in food and drink sales across the group.
Foodservice price inflation rose again in February – to 3.7% – with further rises likely in the next few months, something that will be “particularly unwelcome in the pub sector”, the latest data has shown.
Food sales among multiple operators of licensed premises are at a 10-year high, according to a comprehensive annual survey by the Association of Licensed Multiple Retailers (ALMR).
The amendments to the pubs code have been detailed by small businesses minister Anna Soubry following the publication of the revised legislation yesterday.
Drink-led venues have been hit hard by closures, with the sector shrinking by 1.2% in 2015, according to the Market Growth Monitor from AlixPartners and CGA Peach.
A Foodservice Price Index (FPI) has been launched to give operators access to more accurate data about commodity costs specific to the hospitality sector.
Brewers have defended their position in regards to wholesale price increases and claimed they strive to “keep costs competitive”, after licensees slammed the move that will see rises of up to 5p per pint in some instances.
More than two thirds (69%) of UK hospitality leisure businesses plan to increase wages in the coming year, according to a survey of 684 firms by Barclays.
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