Many high street chains are putting up their menu prices as they struggle to heat premises, retain staff and pay for supplies
Prices of some of the most popular high street meals, snacks and drinks have risen by as much as 26% since 2020 as food outlets face the highest inflation since the 1980s. Restaurant bosses warn of widespread closures as businesses struggle with the costs of heating their premises, staff shortages and rising ingredient prices.
UKHospitality, which represents about 740 companies, says food businesses are struggling with inflation of about 18% on their total costs, from food to energy bills. This means consumers are seeing price increases on some popular menu choices.
Many high street chains are putting up their menu prices as they struggle to heat premises, retain staff and pay for suppliesPrices of some of the most popular high street meals, snacks and drinks have risen by as much as 26% since 2020 as food outlets face the highest inflation since the 1980s. Restaurant bosses warn of widespread closures as businesses struggle with the costs of heating their premises, staff shortages and rising ingredient prices.UKHospitality, which represents about 740 companies, says food businesses are struggling with inflation of about 18% on their total costs, from food to energy bills. This means consumers are seeing price increases on some popular menu choices. Continue reading…
