Hints of that double dip
Our food costs have increased frighteningly since last year. Just to take a few examples from Le Manoir's own provisioning: our blueberries have gone up by 16% since 2009, butter 4.5%, flour nearly 12%, Jabugo ham 15%, Manuka honey 11.5% and milk by more than 8%.
That's the chef Raymond Blanc blogging about the business challenges of the current economy. Base materials and energy costs up. Interest rates are going to have to rise at some point. Many public sector cuts to come.
Anyone nervous yet?