Industry News and Insights from Prestige
Stay informed with the latest updates, insights, and expert commentary from the team at Prestige Purchasing. Our news page brings you developments from across the food, beverage, and hospitality industries – alongside company updates, event highlights, and thought leadership on procurement, supply chains, and market trends. Whether you’re a client, partner, or industry professional, this is your go-to space for staying ahead in a fast-moving sector.
Market Update: The April update breaks down fish and produce volatility alongside the global supply chain impacts of the Iran conflict.
In the latest episode of the Prestige Market Updates, we break down the latest market…
Strait of Hormuz, Assessing Potential Supply Chain Volatility
Recent reports from government officials have detailed extensive contingency planning for the UK’s food…
Entegra Acquires Prestige Purchasing to Accelerate Growth in UK Hospitality Sector
Entegra Acquires Prestige Purchasing to Accelerate Growth in UK Hospitality Sector. Strategic acquisition brings together…
Foodservice inflation dips slightly in February, but geopolitical risks loom large
Food and drink prices in the foodservice sector recorded a minor month-on-month decline of -0.2%…
Foodservice price inflation flattens in January as key commodities unwind
Food and drink prices in the hospitality sector remained virtually flat in January, with month-on-month…
Strategic Insight: The 2026 Protein Pivot
Why Diversification is the New Resilience For nearly three decades, we have watched the hospitality…
Market Update: Seasonal Pressures Drive Fruit Inflation and Ongoing Fish Challenges
In this latest Market Update, Nicole Hardwick explores continued pricing pressure across key foodservice categories…
Foodservice Price Inflation Accelerates in December as Festive Demand Peaks
Food and drink prices in the hospitality sector rose by 1.1% in December, with the…
FPI Annual Briefing December 2025 – Shaun Allen
Inflation in hospitality isn’t a straight line—it’s a moving target. In his recent talk at…
FPI Annual Briefing December 2025 – Karl Chessell
At the FPI Annual Briefing in December, Karl Chessell from NIQ (CGA) shared some hard…
FPI Market Update: Preparing for Inflation and Volatility in 2026
In this latest FPI Market Update, Nicole Hardwick shares key reflections on what hospitality operators…
FPI Annual Briefing 2025 Interview with Kate Nicholls
At the FPI Annual Briefing, Prestige Purchasing Chairman David Read sat down with Kate Nicholls…
FPI Annual Briefing 2025 Presentation Slides
The 2025 CGA Prestige Foodservice Price Index Annual Briefing provided deep insight into the inflation…
Foodservice Price Index reaches new high as costs rise for sixth consecutive month
Food and drink prices in the hospitality sector rose by 0.7% in September, taking the…
Understanding the Nuclear RAB Charge and TNUoS Tariff Rises: What They Mean for Your Energy Costs
Your non-commodity energy costs are set to rise significantly. Our partners at True Group have published an…
Prestige Podcast October 2025
Welcome to the latest edition of the Prestige Purchasing Podcast - In this October edition,…
MCA Innovation 2025
Following his presentation on 'Weight loss drugs - shocks to come and ways to win'…
Market Update October 2025
Welcome to the latest edition of the Prestige Purchasing Market Update - your quick, expert-led…
Hospitality food and drink prices rise for fifth month in a row as pressures mount
Food and drink prices in the hospitality sector rose by 0.4% in the month to…
Prestige Purchasing strengthen their Leadership team with the appointment of Mel Marriott
Mel Marriott the founder and CEO of Darwin & Wallace has joined Prestige Purchasing as…
Hospitality Food & Drink Prices Rise as Global Pressures Drive Market Volatility
New data from the Foodservice Price Index (FPI) for July 2025 reveals that overall hospitality…
Market Update September 2025
Welcome to the latest edition of the Prestige Purchasing Market Update - your quick, expert-led…
The race to the bottom in the retail sector, and how it’s harming your business
David Read, Founder and Chairman of Prestige Purchasing suggests that it’s not just the government…
Foodservice Price Index rises in June as inflationary pressures build in hospitality
The UK foodservice sector saw a significant resurgence of inflationary pressures in June 2025, the…
Cyber threats on the menu
David Read, Founder and Chairman of Prestige Purchasing argues that new AI-powered cybercrime redefines risk,…
Market Update July 2025
Welcome to the first edition of the Prestige Purchasing Market Update - your quick, expert-led…
What Have Weight Loss Drugs Got to do With Us?
David Read, Founder and Chairman of Prestige reflects on the likely impact upon food and…
Hospitality food and beverage costs continue upward trend in April amid supply chain and climate pressures
The latest CGA Prestige Foodservice Price Index for April reveals continued inflationary pressures on the…
Hospitality faces more supply chain headwinds as inflation nudges up in March
The latest CGA Prestige Foodservice Price Index (FPI) reveals a marginal increase in year-on-year inflation…
Optimising Supply and why it matters in hospitality
Whether it be food, drink, consumables or even energy, the amount of cash you spend…
First case of avian influenza confirmed in UK sheep
The recent news of the H5N1 bird flu finding in sheep in Yorkshire, has put…
Menu planning – are we playing a broken record?
Our Founder and Chairman David Read, suggests we may be stuck in a rut…
DEFRA Narrows Sustainable Supply Options
The Department for Environment, Food & Rural Affairs (DEFRA) has caught the attention of the…
Foodservice price inflation continues to ease but global uncertainties loom
The latest CGA Prestige Foodservice Price Index (FPI) reveals a 19th consecutive month of decelerating…
Inflation concerns mounting after foodservice prices rise in December
The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA by NIQ reveals…
Avian Flu Outbreak: Implications for the Hospitality Sector
The hospitality sector faces potential challenges due to an ongoing avian influenza (bird flu) outbreak…
Foot-and-Mouth Disease: UK on High Alert
Germany's first foot-and-mouth disease outbreak in over three decades has sent shockwaves through the agricultural…
FPI Annual Briefing: A Deep Dive into Foodservice Pricing and Trends
FPI Annual Briefing: A Deep Dive into Foodservice Pricing and TrendsThe highly anticipated FPI Annual…
Farm Study Tour Summary
Reflecting on Our Journey Through Sustainable Agriculture Our Farm Study Tour offered participants a unique…
The Foodservice Price Index Annual Briefing 2024 – Our Chairman David Read Introduces The Farming Panel
Over the dozen or so years since we began running this event, I have…
FPI Annual Briefing 2024 Slides
Insights from the 2024 Foodservice Price Index Annual Briefing We extend our gratitude to all…
Finding the right questions is the key to agility
David Read, Founder and Chairman of Prestige Purchasing says what you think and the questions…
Foodservice inflation continues to ease, but beverage and vegetable prices rise
The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA by NIQ reveals…
Farm Study Tour Video Series 2
Watch our second video in the series from our Farm Study Tour 2024
Foodservice inflation drops for a full year but month-on-month rises return
Year-on-year inflation in the foodservice sector has fallen for 12 months in a row, the…
Farm Study Tour Video Series 1
Watch our first video in the series from our Farm Study Tour 2024
Many food prices falling as Foodservice Price Index hits a 28-month low
The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA reveals more positive…
Index Inflation Levels Approach Normalcy as The CGA Prestige Foodservice Price Index Reveals Promising Trend
The latest Foodservice Price Index (FPI) report for April 2024 brings encouraging news for the…
Bluetongue Virus Threatens Livestock Farms in England
A new strain of bluetongue virus has emerged, casting a shadow over England's livestock industry…
CGA Prestige Foodservice Price Index inflation dips below 10% for the first time in two years
CGA Prestige Foodservice Price Index inflation dips below 10% for the first time in two…
CGA Prestige Foodservice Price Index shows hospitality inflation falling—but still more than double the rate in retail
Food price inflation in hospitality remains more than double the rate seen in the retail…
FPI Digital – Introducing Category Forecasts
Introducing Category Forecasts For the Foodservice Price Index
New border checks threaten deceleration in foodservice price inflation
The CGA Prestige Foodservice Price Index recorded an inflation rate of 13.8% in December, marking…
CPI inflation unexpectedly rises to 4.0%, but will hospitality businesses see further rises in food price inflation?
The latest ONS figures for the Consumer Prices Index (CPI) have shown that inflation rose…
FPI inflation went up like a rocket, but is falling like a feather
Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell again during the…