Traditional British fish and chip shops are facing an “extinction event” as prices for energy and fish skyrocket, the industry’s official body and shop owners have warned.
Prior to the pandemic, he used to pay £70 for 3 stone of fish, but that has now reached £270, with much of his fish coming from Russia. The U.K. government has implemented an additional 35% tariff on seafood imports from Russia as part of its punitive measures following the war in Ukraine, and Wilkinson's suppliers have informed him that this is likely to hit even harder through the winter.
"In the winter, Skegness goes from really busy to a bit of a ghost town. We'll be keeping an eye on everything and not overdoing it," he told CNBC last week. "We're hoping at the minute, but don't get me wrong, as owners, we are scared. We have had conversations between the whole family, what we're reading, and we're uncertain what the future is going to hold," Parker said.
Meanwhile, a drought in the U.K. has hampered the growing of crops, which Crook anticipates will further drive up potato prices, and the price of sunflower oil, used by many fish and chip shops, has doubled, though has begun to level off as supply shortages ease. The NFFF has been lobbying the British government to reform its tax system for small businesses, with VAT — a levy on goods and services at each stage of the supply chain — returning to 20% from April after a relief package during the Covid-19 pandemic.
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