The average price of fish and chips has continued to soar. It’s a situation that’s left many retailers struggling to survive.
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00:00Fish and chip shops, a cornerstone of British culture, are facing a crisis.
00:05Rising costs of fish, oil and energy coupled with the cost of living squeeze
00:10are driving many out of business. The price of cod and haddock has soared by
00:1475% in the past year due to supply chain disruptions and global factors like the
00:21Ukraine war. Energy bills have also skyrocketed for these businesses with
00:26some shops seeing costs jump from £2,000 to £10,000 a month. For customers
00:31affordability is now a major concern. In 2019 the average price of fish and chips
00:36was £6.48 but by 2024 it had risen to nearly £10 nationally with places like
00:43London seeing prices exceed £20. For many this traditional meal is becoming a
00:49luxury. It's left shop owners struggling to balance rising costs with keeping
00:53prices low enough to attract customers. Industry leaders warn that one-third of
00:58shops could close within a year threatening a beloved institution at
01:02the heart of British communities.