Supply chain chaos, labour shortages and ‘scourge’ of inflation expected to last years, says food and drink chief
Restaurants and hotels are wrestling with “terrifying” inflation running as high as 18%, bosses have warned, as supply chain disruption and labour shortages wreak havoc in the hospitality sector.
Ian Wright, chief executive of industry body the Food and Drink Federation, told MPs on the business, energy and industrial strategy committee that bodes ill for the retail industry.
