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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Busy location on coastal main road
Extensively renovated detached public house
Five trade areas (100)
Sizeable refurbished 4-5 bedroom accommodation
Newly created beer garden (125)
Established and popular business...
