AGP Executive Report
Last update: 7 hours agoHospitality Pressure: A UK survey says 23% of pubs, bars and restaurants are losing money, up from 15% three months ago, as VAT, energy and labour costs squeeze margins. Heatwave Fallout: Europe’s record-breaking heat is hitting food and drink operations too—Germany saw 41.7°C, while Paris restricted public alcohol and Barcelona expanded cooling shelters. KFC Operator Moves: Collins Foods says it’s extending KFC trading hours and adding breakfast to drive growth after Europe underperformed, while also warning bird flu has pushed up poultry prices in its European operations. Supply Chain Watch: Collins Foods says it has no local chicken cases yet and claims strong contingency plans, with biosecurity measures in place across suppliers. German Food Angle via Sports Culture: World Cup crowds are still shaping restaurant trade abroad, with Germany fans and match-day viewing driving demand for food and drinks in host cities.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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