Hundreds of Indian restaurants are reportedly facing closure because they cannot sustain the £ 16,000 annual increase in electricity and component prices.
Experts warn that rising prices are “unsustainable” and could lead to the loss of thousands of jobs across the country – “at risk” with the UK’s top dish, Tikka Masala.
Curry House owners are demanding more help from the government in the form of VAT and council tax cuts, as well as relief in business rates.
According to trade magazine Spice, the electricity bills of 8,000 Indian restaurants in the UK have risen from £ 400 to £ 600 last year to £ 640 to 60 960.
Meanwhile, the price of mango sauce has risen 39 percent from 95p to 32 1.32 in recent months, while cardamom has risen from £ 25 to £ 32 per kg.
The price of a kilo of fresh chicken has also gone up from £ 2.90 to £ 3.80, and a 25 kg bag of onions is now £ 1 plus £ 8.75.
Inam Ali, founder of Spice Business and British Curry Awards, told the Mirror that such a cost increase was “unsustainable” and could end up in many restaurants and takeaways.
He added: “After years of suffering from a shortage of skilled chefs and the coveted crisis, the curry industry is now increasing the cost of everything from gas to cardamom, vegetable oil to mango sauce. Is hunting
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“Unless spending is controlled, hundreds of curry restaurants will be affected, thousands of jobs will be lost.
“The great British Tika masala – the country’s favorite dish – is in jeopardy as never before.”
A Treasury spokesman said: “We have supported hospitality jobs and businesses through epidemics.”
This comes at a time when pubs and restaurants are poised to raise prices by up to 11 percent, all because of the crisis of life.
The British have been crippled by rising costs across the board, some have to choose between heating and eating – and now it’s up to them locally to pinch.
Prices have risen in supermarkets, energy bills are set to rise further, and the British are expected to work harder on the national insurance tax in April.
According to UK Hospitality, around 93% of hospitality businesses have stated that they intend to increase consumer prices.
Owners have seen double-digit increases in their energy bills, wages, food prices and insurance costs.
They will face VAT on food and soft drinks from 12.5% to 20%, and will see an increase in business rates in April.
This means that we will see an average price increase of 11% on the menu of pubs or restaurants to meet the rising costs.