Inflation

UK GDP increased by 0.8% during the first quarter of 2022: ONS figures showed a 0.1% contraction in March 2022 (Credit: Getty/atiatiati)

GDP increases by 0.8% in first quarter of 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).

What's in the news 29 April

The MA's Review of the Week

Pubs must remain an affordable treat

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.

High inflation: Fruit and veg prices skyrocket (Getty/ Gary Yeowell)

Seasonal fruit and veg prices soar by 37%

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).

Death by a thousand cuts: as costs continue to rise pubs have been left with no breathing space following Covid and face a tough year (Credit: Getty/sturti)

Hospitality sector entering 'catastrophic period'

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...

What's in the news 25 February?

The MA's Review of the Week

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

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 increase: wholesale food prices are expected to continue rising into the new year and beyond (image: Getty/Yagi Studio)

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

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.

Up and down: dairy is a particularly volatile category when it comes to pricing, according to the index

Cost of food continues to fall

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.

Price rise: there is substantial inflation in the fish category due to rising demand, strengthening of the Norwegian Krone and uncertainty over the UK's future fishing quotas

Foodservice prices rose again in December

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.

Drop in costs: improved sugar supply led to a 6.1% fall in prices year on year

Foodservice price inflation steadies for October

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.

Beer duty: BBPA fears increase in Budget

BBPA issues warning over beer tax in Budget

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.

Record low: unemployment rate has fallen to 4.4%

Employment rate lowest since 1975

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.

Fishy business: inflation stood at 13.4% in April for fish

Foodservice price inflation hits 5.8% in April

By Nikkie Sutton

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.

Food sales: 10-year high for licensed retailers

Food

Food sales at ten year high, reports ALMR

By Finn Scott-Delaney, MCA

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).

Drink-led venues hit hard by closures

Market research

Drink-led venues hit hard by closures

By Oli Gross

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.

'Buyers who rely on the CPI may be acting in an ill-informed manner when negotiating with suppliers'

Food prices

Foodservice Price Index launched

By Nicholas Robinson

A Foodservice Price Index (FPI) has been launched to give operators access to more accurate data about commodity costs specific to the hospitality sector.

Publicans face having to up the retail price of a pint in order to maintain their margins (Credit: Flickr - quinndombrows)

Brewers defend wholesale price increases

By Ellie Bothwell

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.

Beef: price will continue to rise in 2014

Food inflation will continue to rise in 2014

By Lesley Foottit

Food inflation is expected to reach 3.8% next year, according to Prestige Purchasing.The procurement specialist predicts that food inflation will...

Willock:

A penny for your thoughts

By Rob Willock

I think the pub industry has forgotten how to react to good news. Such has been the unrelenting tide of taxation, regulation and economic stagflation in recent years, that there was an air of disbelief among pub operators and campaigners when the Chancellor...

Hall & Woodhouse repeats rent cap

Hall & Woodhouse repeats rent cap

By Gurjit Degun

Brewer and pub operator Hall & Woodhouse (H&W) will cap its Retail Price Index (RPI)-linked rent increases at 2.8% in 2012 — for the second consecutive year.

Fears: RPI increase will affect tenants due for rent review

RPI rises to 5.6% in August

The Retail Price Index (RPI) measure rose to 5.6% from 5.2% in August, according to the Office of National Statistics.

Stella Artois: 5p added to the wholesale price

Major brewers add 3.5p to 7p per pint

By John Harrington

Major brewers have announced wholesale price rises of between 3.5p and 7p per pint for January and February, the Morning Advertiser has learned....

Rental figures: from Fleurets annual survey

Fewer pub rent reviews in recession

By Gemma McKenna

The economic downturn has meant a slowdown in the number of rent reviews being carried out — that's according to Fleurets annual rental survey....