Cost of food has overtaken rent and rates
May 01, 2013
Cost of food has overtaken rent and rates In the last six months, food prices have overtaken rent and rates in the list of major overheads facing UK restaurants, and now come second only to staff wages, finds the fourth Livebookings European Dining Index. The Index, based on interviews with 200 UK restaurants and supported by industry data, reveals that three quarters (74%) of restaurants cite food costs as the factor that …
