Inflation hitting Fish n Chips business in UK
People in the UK are seeing a steep drop in their standard of living due to rising prices for fish and chips, a widely recognized national dish and cultural symbol that was affordable for many families.
At a local fish n chips restaurant in a London suburb, the price of much of the fish and chips is close to £ 10, more than a kilo more than last year.
“Last year my normal portion of cod was 7.25 (lb), and my bulk was 8.50 (lb),” said Imran owner of the fish and chips shop near Windsor Castle. Inflation in the UK increased significantly in July of this year and remained above 10%, making the past few months one of the country’s highest inflation rates in nearly 40 years.
In addition, the UK government raised tariffs on Russian exports to the UK, including seafood, which worsened the situation and hit fish n chips shops.
Fish n Chips shop owner did his best to save on running costs as fewer customers stopped by, turning off fryers and turning off refrigerators to save energy, which had become exorbitant, he told The Asian Mirror.
“If we were to turn off all our machines and then restart them, it would take a few minutes, up to 10 minutes, to restart them and warm them up again. We fight in the sense that; if we are silent, I still have to pay our staff. When we’re busy, I can’t hire more staff because I can’t afford it,” he said.
Inflation hitting Fish n Chips business in UK
The UK government has offered subsidies on energy bills to households and businesses, but further increases in related costs look certain in October. “Unfortunately, we are thinking about raising the price, we are trying to hold back as much as possible. We have also seen a drop in sales and I am just afraid of the price increase and the lack of customers coming through the door,” he told The Asian Mirror.
