Chris Scargill, head of tourism, leisure and hospitality at Norwich-based chartered accountants and business advisors Larking Gowen, said firms’ overheads have been on the rise since Covid.

Chris Scargill, head of tourism, leisure and hospitality at Norwich-based chartered accountants and business advisors Larking Gowen (Image: Denise Bradley)

Increasing staff costs are one of the main reasons for upping prices, with employers’ national insurance contributions and the minimum wage both increasing in the last year.

Energy and fuel bills have skyrocketed since the start of the Iran conflict nine weeks ago, while the cost of buying products and services from other........

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