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Hannan’s Spicy Cuisine in Uppingham and Linfords Fish and Chips in Market Deeping discuss soaring price of oil due to Ukraine-Russia war

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A restaurant owner is calling on the Government to support businesses hit by the soaring price of oil and ingredients.

Abdul Hannan says costs have shot up in the running of his Uppingham restaurant, Hannan’s Spicy Cuisine.

“A year ago, cooking oil would cost about £18 for 20 litres,” he said.

Owner of Hannan's Spicy Cuisine in Uppingham, Abdul Hannan
Owner of Hannan's Spicy Cuisine in Uppingham, Abdul Hannan

“Three to four months ago it reached £22 but now some places are asking £40 to £45 for the same amount.

“The price of flour, rice, lettuce and tomatoes have also increased and salad is often out of stock.

“All this has made it very expensive for restaurants, and at the same time our heating bills have gone up from £300 a month to more than £1,500.”

Abdul says fellow restaurant owners have told him they might not be able to continue if costs remain to high.

“If businesses close this will result in local unemployment and that will have an even worse effect on the economy,” added Hannan, who suggests the government reduces VAT for a year to help small businesses survive.

“We don’t want to pass on the full cost of the increases to our customers or they will stop coming.”

Owner of Linfords fish and chip shop in Market Deeping, Chris Pithey
Owner of Linfords fish and chip shop in Market Deeping, Chris Pithey

Chris Pithey, owner of Linfords Fish and Chips in Market Deeping, said it is not only the cooking oil they use which has soared in price, but cod too.

“Since November there has been a 45 per cent increase in the cost-price and an 8oz piece of cod was £5.70 and is now £7.90,” he said.

“This is because 40 per cent of white fish came from Russian trawlers.

“Alongside this, cooking oil prices have gone up by 58 per cent since January 2021 and for us this is adds up to £11,000 extra a year.”

Chris said they don’t feel they can charge customers extra for the increase in oil prices, but have had to put up the price of fish on their menu.

They have started to offer a smaller portion of fish as an option, for a lower price, so more customers can still afford to have a takeaway.

The price of cooking oil has been affected by the war in Ukraine, which was the largest exporter of sunflower oil in the world, while the UK has introduced economic sanctions against Russia.

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