733 Restaurants in the UK closed their doors in 2024, we won’t be a part of that 2025 statistic.
In the UK, restaurants are preparing to increase their prices by April 2025 due to several financial pressures.
The recent budget has raised employers’ National Insurance Contributions from 13.8% to 15% and lowered the threshold for these contributions from £9,100 to £5,000. Additionally, the National Living Wage will rise to £12.21 per hour in April. These changes are expected to add approximately £2,500 in annual costs per employee, leading many restaurants to consider price hikes to maintain profitability.
Food inflation remains a concern, with forecasts predicting an average increase of 4.2% in food prices during the latter half of 2025. Factors such as higher import costs and increased packaging expenses contribute to this trend, further straining restaurant budgets.
Major pub chains have already announced price increases of about 10p per pint to offset these rising costs. Analysts estimate that menu prices at UK restaurants could rise by up to 28% since mid-2023 to cover escalating expenses.
What are we doing to combat this?
We’re locking our prices! Meaning you will get the same portions and price for your favourite meals without the worry. Our employees are paid a fair wage and you’ll also be able to dine out knowing this information. With so many closures in the UK we are combatting this with security and trust in our customers.
But what does this mean for you?
Price Predictability – You know exactly what you’re getting when you come to us!
Same Value – You’ll get the same ramen or sushi roll, with no smaller portions for the same price!
Relief – With all of the price increases we’re seeing these days, you can rest easy knowing what you’re paying for when you dine with us.
If you’d like to get in touch about this issue please contact us at info@makiramen.com and we will do our best to assist!
Check out our release on our Price Lock promise on IG here.
SAME RAMEN | SAME QUALITY | SAME PRICE