Cost

Operating costs at nightlife businesses soar

09-Feb-2022 By Restaurant

Nightlife businesses have seen their operating costs soar by more than a quarter, according to new figures from the Night Time Industries Association (NTIA).

Fish prices leap 23% as foodservice inflation rises again

02-Oct-2017 By Stefan Chomka

Fish restaurants are bearing the brunt of foodservice price inflation, with fish prices leaping 23%, according to new figures from CGA Prestige Foodservice.

Foodservice price inflation falls but meat and dairy costs rise

31-Aug-2017 By Sophie Witts

Wholesale food price inflation fell to 7% in the year to July 2017, according to the latest edition of the CGA Prestige Foodservice Price Index.

10 ways to combat food cost inflation

16-Aug-2017 By Joe Lutrario

A perfect storm of factors are continuing to propel food prices skyward – average food prices were up 1.4% in June and the same figure last month – and the worst is probably still to come.

Restaurants warned they could be missing out on millions in R&D tax relief

04-Jul-2017 By Joe Lutrario

Three in five restaurant owners and managers have never heard of research and development (R&D) tax relief, which means that they are potentially missing out on a sizeable tax windfall.

Northern cities lead independent restaurant boom

16-Mar-2017 By Sophie Witts

Northern cities are seeing a boom in independent restaurant openings with growth rates outstripping traditional hotspots such as London and Edinburgh, a new study shows.

Herefordshire: The cheapest place in the UK to buy a pint

03-Sep-2015 By Emma Eversham

Herefordshire is the cheapest place to buy a pint in the UK according to a survey of national beer prices by the Good Pub Guide. 

Hotel prices drop in London and Glasgow

30-Oct-2014 By Lauren Houghton

Despite the trend for rising prices year-on-year in hotels throughout the UK, overnight costs decreased in London and Glasgow this September, according to hotel.info. 

Five tips to cut the cost of regulatory compliance

07-Aug-2014 By Carina Perkins

The Forum for Private Business has published advice which could help small- and medium-sized hospitality businesses cut the cost of complying with regulatory changes.

Money for nothing: SMEs in dire straits over compliance costs

15-Jul-2014 By Carina Perkins

Hotels, restaurants and pubs are facing rising regulatory costs despite government promises to cut red tape, the Forum of Private Business has warned.

#Wimbledon2014: Hotel prices rise 114%

23-Jun-2014 By Lauren Houghton

Hotel prices in Wimbledon have increased by as much as 114 per cent while the tennis championships are on, according to hotel search website trivago.co.uk, and hospitality businesses are laying on events and offers to make the most of the tournament. 

Capital costs: London is most expensive city break destination in the world

12-Jun-2014 By Carina Perkins

London has overtaken Sydney, Paris, New York, Stockholm, Zurich and Oslo to claim the title of the most expensive city break destination in the world, according to new research from TripAdvisor.

The Good Pub Guide predicts loss of up to 4,000 pubs this year

29-Aug-2013 By Emma Eversham

The Good Pub Guide has predicted that between 2,500 and 4,000 pubs will go out of business over the next year because they have failed to keep up with rising standards across the industry.

Pubs and bars in ‘robust health’ as sales and expenditure continue to rise

02-Aug-2013 By Luke Nicholls

Despite being continually battered by a perfect storm of high taxes, cheap supermarket alcohol and grim economic times, life for Britain’s pubs and bars is on the up – capex has risen by more than 66 per cent over the past year as operators continue to...

Soaring food prices leave restaurants fighting for profit

03-May-2013 By Luke Nicholls

Food prices have overtaken rent and business rates in the list of major overheads facing UK restaurants and are now second only to staff wages, according to a new industry-wide report by reservations company Livebookings.

London hotel prices continue to rise, three UK cities also see March boost

16-Mar-2012 By Peter Ruddick

Hotel prices in the capital rose again this month with an average overnight stay in a London hotel costing £144 in March, up 5 per cent from a year ago, while hotels in Glasgow, Manchester and Brighton also defied the trend of falling prices in the provinces.

Chefs get more creative with Christmas menus this year as cost of ingredients rises 7%

22-Dec-2011 By Emma Eversham

Many chefs are being forced to be more creative with Christmas menus to remain profitable this year as the latest food price index shows that the ingredients used in a traditional Christmas dinner have risen by an average of 7 per cent on last year.

Important UK cities see hotel rates dip to lowest point this year

15-Jul-2011 By Lorraine Heller

In UK cities such as Manchester and Birmingham, hotel prices have fallen to their lowest point since the beginning of the year as visitors prefer beach destinations.

Pub operating costs stabilise, growth expected ahead

06-Jul-2011 By Lorraine Heller

Pub operating costs are stabilising for the first time since 2007, indicating that Britain’s pubs and bars have a good platform for growth, reveals a benchmarking report from ALMR.

Rising cost of food is biggest concern for restaurant operators

20-Jun-2011 By Emma Eversham

Dealing with the rising cost of food is the biggest concern for 57 per cent of restaurant operators according to some of the latest research.

Cost of eating out rising faster than inflation

27-Apr-2011 By Becky Paskin

The cost of eating out in the UK is rising faster than inflation, with an average three-course meal eaten out of home now costing almost £19.

Price of three-course meal rises by 6% in a year

05-Nov-2009 By Becky Paskin

The cost of a three-course meal in the UK’s restaurants, pubs and hotels has risen over the past year, despite the price of a main course remaining the same

Heston Blumenthal to increase Fat Duck prices

01-Jul-2009 By Joe Lutrario

Heston Blumenthal is planning a 30 per cent price hike for the Fat Duck, making it the most expensive restaurant in the UK

Piccolino’s owner continues expansion despite profit drop

30-Mar-2009 By Emma Eversham

Individual Restaurant Company, owner of the Piccolino’s and Bar & Grill brands, plans to open at least four new sites this year despite seeing profits fall by more than half in 2008

Industry divided over VAT cuts

01-Dec-2008 By Becky Paskin

The hospitality industry is divided over whether to keep or pass on savings from the Government’s VAT cuts that came into force today