By M&C Report team2006-10-15T07:54:00+01:00
Chancellor Rishi Sunak has warned inflationary pressures will continue to buffet the UK economy, and is forecast to average 4% next year
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
Gross profit within its Foodservice operations increased by 54% year-on-year, driven by the acquisitions of Leon and Cooplands last year and new openings
The bowling operator reported a rise in food revenues due to a simplified menu and price reductions
In the UK, sales are back to around 82% of pre Covid-19 levels, with the air sector boosted by strong leisure demand, and the rail business helped by the return of commuters in increasing numbers
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