Cost of Living Crisis

News

Real Living Wage increases by 10%

24 October 2023 by

The voluntary Real Living Wage has increased by 10% to £12 in the UK and £13.15 in London.

News

Mana cuts tasting menu price due to cost of living pressures

25 September 2023 by

Michelin-starred restaurant Mana in Manchester has reduced the prices of its tasting menu in response to the rising cost of living.

Consumers willing to spend more, but drink less, according to Heineken Products

Consumers willing to spend more, but drink less, according to Heineken

03 August 2023 by

Consumers are prioritising value for money by opting for premium beer options and products, despite ongoing[...]

Hotelier makes tax burden plea as he announces closure of the Fleece in Richmond News

Hotelier makes tax burden plea as he announces closure of the Fleece in Richmond

01 August 2023 by

“Unrelenting, chronic staffing issues and ever-increasing costs” have been blamed for the closure of the Grade[...]

Over 1,300 catering businesses sign up to energy legal challenge News

Over 1,300 catering businesses sign up to energy legal challenge

17 July 2023 by

More than 1,300 catering businesses have joined a £2b legal challenge against energy firms accused of[...]

Ongoing price hikes continue to impact hospitality profitability News

Ongoing price hikes continue to impact hospitality profitability

26 June 2023 by

Continuing supply chain issues leading to ongoing hikes in food and drinks prices are adding stress[...]

Chefs drop set menus and remove dishes amid cost of living crisis News

Chefs drop set menus and remove dishes amid cost of living crisis

09 June 2023

Restaurants have dropped menu items or set menus altogether in a bid to tackle soaring inflation and a drop in trade from cost-conscious customers.

Gary Usher ditches set menus at Elite Bistros due to ‘spiralling inflation’ News

Gary Usher ditches set menus at Elite Bistros due to ‘spiralling inflation’

06 June 2023

Gary Usher’s Elite Bistros will be serving à la carte dishes from now on after the chef said that it had become “impossible” to offer a balanced set menu amid the cost of living crisis.

Sales up for managed pubs, bars and restaurants but costs bite News

Sales up for managed pubs, bars and restaurants but costs bite

24 April 2023 by

Like-for-like sales at Britain’s leading managed restaurant, pub and bar groups in March were 1.4% ahead[...]

Historic Fife hotel enters liquidation as industry body warns more will follow News

Historic Fife hotel enters liquidation as industry body warns more will follow

14 March 2023 by

The closure of the historic Lomond Hills Hotel in Fife following challenges related to the cost-of-living-crisis[...]

McDonald’s launches ‘saver meal’ trial alongside further price increases News

McDonald’s launches ‘saver meal’ trial alongside further price increases

16 February 2023 by

McDonald’s is trialling a new ‘saver meal’ deal as it increases the prices of five of[...]

Viewpoint: It’s time for some positive thinking Business

Viewpoint: It’s time for some positive thinking

26 January 2023 by

Suppliers and businesses should work towards the same goal in these extraordinary times we find ourselves[...]

Viewpoint: how to ride out the cost of living crisis Business

Viewpoint: how to ride out the cost of living crisis

12 January 2023

When people are short of cash, hospitality is the first industry to suffer, so let’s get back to basics with our offer, says Michael Clitheroe

Pubs offer warmth and free meals to communities despite rising energy costs News

Pubs offer warmth and free meals to communities despite rising energy costs

21 December 2022

Pubs are offering warm spaces and free meals to people struggling this winter despite being hit with a huge rise in their energy costs.

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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