More than 1,000 U.K. restaurants closed in the last 12 months
in April 2022. Restaurants had prepared for these increased costs. They knew they were coming.
They didn’t know the soaring energy and ingredient prices were coming — the former a particular problem because, unlike households, there is no price cap on commercial energy bills. And it’s not just that prices have risen — whether for ingredients, energy, or less obvious things like cooking oil.
whose figures were calculated before Russa invaded Ukraine, putting huge pressure on oil and gas prices and secondarily driving up the costs of other products.Sign up for the newsletterCheck your inbox for a welcome email.
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