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Tag Archives: inflation

Soaring inflation turns up the heat on building costs

The Bank of England’s decision to raise interest rates to five per cent (their highest level since 2008) in a bid to tackle soaring inflation will pile even more pressure onto building owners and managers to get their operating costs ...

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Contract catering: rising to the challenges of 2023

The latest Contract Catering Tracker shows sales are substantially up year-on-year and are approaching pre-COVID levels. However, it also acknowledges the impact of record levels of inflation hitting the contract catering businesses hard along with the challenge of servicing hybrid ...

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Inflation killing confidence in construction

A new report by international property and construction consultancy, Gleeds has revealed that nearly nine in 10 construction professionals are concerned about rising inflation sapping confidence in the market and threatening future schemes. Gleeds’ winter market report states that 87 per ...

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Navigating the impact of inflation in the foodservice industry

The latest CGA Prestige Foodservice Price Index reveals that year-on-year inflation in the foodservice sector hit 13.6 per cent in March 2022 and prices are unlikely to fall for the foreseeable future. Faced with soaring food and energy prices and ...

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Finding and retaining skilled staff is a major concern for contractors

According to the quarterly Building Engineering Business Survey, finding and retaining skilled tradespeople is the biggest worry for employers across the building engineering services sector. The survey, which is carried out by the trade bodies BESA, ECA, SELECT and SNIPEF ...

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