MARKET NEWS
Tipping Bill:
The majority of consumers believe hospitality employees should receive 100% of tips, a
survey has found. RSM UK’s Consumer Outlook found that 80% of consumers believe
employees should receive 100% of tips, but only 20% think that the entirety are passed on.
From 1 October 2024 the Employment (Allocation of Tips) Act 2023 will require businesses to pass on 100% of tips received to their employees. The law will cover England, Scotland and Wales and will prevent employers from making deductions from tips or service charge. The act was put forward by the previous Conservative government and was originally due to come into force on 1 July. The Labour government has suggested further measures could follow the introduction of the bill.
Hospitality Vacancies:
Hospitality vacancies have fallen below 100,000 for the first time since the outbreak of the
Covid-19 pandemic but remain above 2019 levels. Data from the Office for National
Statistics showed there are 98,000 vacancies in the food service and accommodation
sectors, above pre-pandemic levels of 93,000. The data also shown that wages in the sector
have increased by 4% in the last year.
Outdoor Smoking Ban:
The prime minister has confirmed the government is considering a ban on smoking in pub gardens and outdoor restaurant areas. Full details of the proposal have yet to be confirmed
but it forms part of wider plans to crack down on use of tobacco and vapes across the board.
Responding to last week’s news, 62% of the British Institute of Inkeeping’s surveyed
members said the ban would significantly impact their trade and a further 20% believe it
would result in the closure of their pub. Just 7% of respondents said there would be little or
no impact to them if the ban came into place, with some not having outside spaces to
manage.
Youth Mobility Scheme:
Europeans under 30 could again be allowed to live and work in the UK as the government attempts to reset relations with the EU post-Brexit. According to reports in The Times, the new Labour government has acknowledged that youth mobility could be an area that could aid more wide-ranging talks. The proposal would likely be similar to existing deals with Canada and Australia, whereby those under 30 can live and work in the UK for up to three years as part of a reciprocal relationship.
COMMODITIES REPORT
Fruit & Vegetables:
As temperatures begin to drop and nights start to draw in, more robust autumnal produce is
starting to appear on the market.
What’s in season this month?
Currently, our Spanish growers have no concerns over tomatoes, peppers and cucumber crops for the coming season. UK & Dutch produce will remain available until towards the end of October although there will be small pockets of Spanish appearing at the end of this month. Historically we know there can be challenges in the coming months. These can be cause by cooler growing conditions forcing UK & Dutch crops to finish earlier than expected. UK whole-head salad will continue throughout the month with the switch over to Southern European produce in late Sept / early Oct.
Potatoes:
The arrival of main crop potatoes will be slightly later than normal due to late planting earlier
in the year. The full extent of the crop’s performance will be clearer by late November, but the early indications are that it is looking good.
Dairy:
Milk, Cream and Butter prices are continuing to climb. Processors such as Freshways have
increased what they are paying the farmers due to their cost increases, which has had a
knock-on effect. There is also less cream available on the market which means less butter can be produced, driving the price up of these as well.
Butchery:
Beef prices continue to remain high as demand does not appear to be slowing. This is especially true of prime steak cuts. Lamb prices remain higher than this time last year but are stable. The EU market is experiencing rising poultry prices, driven by strong demand and increased costs or raw materials. The market for thigh meat is especially tight, with consumers turning to it as a cost-effective alternative to the more expensive breast meat. While demand is expected to ease slightly in the winter months, the overall market remains under pressure.
Fish & Seafood:
Well over half of UK seafood consumers now recognise the blue Marine Stewardship
Council (MSC) ecolabel, continuing the upward trend in awareness of this crucial global
sustainability certification. Understanding is also increasing, with 39% of UK consumers
associating the ecolabel with sustainability or certification. Connect have MSC accredited
suppliers who can supply a wide range of fish to suit your discerning customers – contact us
to find out more.
Seasonal Recipe Suggestion
Mackerel is in season currently and fantastic value. If you’ve never tried it and would like to
add it to your menu, why not try our recipe which combines mackerel and beetroot which is also in season:
Warm mackerel & beetroot salad
Serves 4
Ingredients:
450g new potatoes, cut into bite-size pieces
3 MSC smoked mackerel fillets, skinned
250g pack cooked beetroot
100g bag mixed salad leaves
2 celery sticks, finely sliced
50g walnut pieces
For the dressing
4 tbsp Extra Virgin Olive Oil
2 tbsp White Wine Vinegar
2 tsp creamed horseradish saucev
Method:
STEP 1
Boil the potatoes for 12-15 mins until just tender. Meanwhile, flake the mackerel fillets into large pieces and cut the beetroot into bite-size chunks.
STEP 2
Drain the potatoes and cool slightly. Mix the salad dressing and horseradish sauce together in a salad bowl and season. Tip in the potatoes – they should still be warm.
STEP 3
Add the salad leaves, mackerel, beetroot, celery and walnuts, and toss gently. Serve with crusty bread.
Hotelier
in Swindon
“Having over 20 suppliers was making ordering produce so much harder and more expensive that it needed to be. Connect explained how they could help us consolidate our supplier portfolio without making any compromises. Its such a simple process”
John P.
“As a small group of 5 coffee shops, we needed to consolidate our purchasing so that all branches and were using the same suppliers at the same prices. Connect introduced us to a software platform that was perfect for what we needed”
Alex M.
“Our suppliers were ok, but we always struggled to get deliveries on the days and times that we needed. Being in central London, we can only accept deliveries at certain times very early in the morning, CP were able to find suppliers that specialised in timed food deliveries. Would recommend to anyone!”
Jane R.
Care Home Facilities Manager
in Slough
“I started purchasing my care consumables through Connect Purchasing in December last year and they were able to save me over 15%, I’m constantly checking prices of other companies and still Connect purchasing are cheaper.”
Vicky L.
“Connect talked me through the process and completed a thorough review of our products and helped me save over £1000 in the first month, this has really helped especially with wage costs going through the roof”
Graham M.
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