Fish and chips have topped the list for the biggest price increase among popular takeaways in the last five years, according to the latest data from the Office for National Statistics (ONS). The average cost of a portion of fish and chips has risen by over 50% to nearly £10, while kebabs have seen a 44% increase, and pizza prices have gone up by 30%. Various factors such as rising energy bills, tariffs on seafood imports, and extreme weather impacting potato harvests have contributed to the significant rise in costs.
Fish and chips, a traditional favourite in British households, has faced record price hikes due to escalating energy and labour expenses, along with sanctions on Russian seafood following the Ukraine conflict and poor potato yields. This surge in prices means that a family of four may now spend close to £50 for a meal, including items like mushy peas and soft drinks.
The increase in fish and chips prices outpaced other popular takeaways such as kebabs, chicken and chips, pizza, and Indian and Chinese dishes between July 2019 and July 2024. The substantial 52% rise in fish and chips costs, amounting to £9.88, indicates a notable departure from its previous affordability. Takeaway costs have steadily climbed due to various economic challenges, with fish and chips bearing the brunt of these inflationary pressures.
Chip shop owners, like Jon Long of Long John’s Fish and Chips in Dorset, have highlighted the unprecedented cost pressures they are facing. Long described the current situation as a “perfect storm” of events contributing to the increasing prices and emphasised that despite the rise, fish and chips still offer value for money. Additionally, the government’s imposition of tariffs on Russian seafood imports and challenges in potato production have further added to cost woes.
Jon identified energy costs, especially standing charges, as a significant hurdle for businesses like his. These fixed daily fees have surged since 2021, impacting the overall operational expenses of fish and chip shops. Ofgem, the energy regulator, has introduced new measures to provide businesses with fair treatment and enhanced transparency regarding charges by energy brokers. The government has defended the tariff imposition on Russian seafood, affirming its commitment to supporting local takeaways and implementing reforms to assist businesses.
The data underscores the ongoing challenges faced by the takeaway industry, particularly in the context of rising costs and external economic factors. As consumers grapple with higher prices for their favourite orders, the industry continues to navigate a complex landscape that requires adaptation and resilience in the face of economic uncertainties.