They have weathered the storms of Brexit and the COVID-19 pandemic, and are fighting the tide of rising inflation, but thousands of Britain’s fish and chip shops could be sunk by the war in Ukraine.
At Captain’s, in the seaside resort of Brighton on England’s south coast, owner Pam Sandhu is normally not one to complain.
Yet the shelves of her large refrigerators are empty when they should be full of fresh white fish ready to be dipped in batter and deep fried, then served to hungry customers with piping hot chips.
Photo: AFP
In ordinary times, Russia supplied between 30 and 40 percent of the fish sold in British fish and chip shops, mostly cod and haddock, said Andrew Crook, president of the National Federation of Fish Friers.
Ukraine is the world’s biggest exporter of vegetable oil, which is used for deep frying what the federation calls Britain’s “undisputed national dish.”
“With this war in Ukraine, there is no fish available or a very small amount,” Sandhu told reporters. “Before we were ordering in large quantities. Now there is only a minimum order that we can get. The price has doubled from what we paid last year.”
Photo: AFP
The vegetable oil has also become hard to come by, she said.
Meanwhile, the UK’s introduction in the middle of last month of a 35 percent tariff on the import of white fish from Russia has begun to bite.
At the same time, fish and chip shop proprietors are also being hit by rising energy prices.
On a sunny spring Friday last month, Sandhu was worrying whether she would even have enough fish to get through the weekend.
She has been in the business for 30 years, often working seven days a week, and said she has never known as many problems with supplies or pressure on costs.
Sandhu’s restaurant has a terrace that looks out onto Brighton’s pebble beach and pier. She bought it three years ago and had planned to open in March 2020.
Then came COVID-19, followed by rising inflation and now the war in Ukraine and sanctions against Russia.
It has been the perfect storm for fish and chips vendors.
Fish and chips, first served as a single dish in the 1860s, has long been a working-class staple, although demographic and dietary changes have seen its popularity wane in the past few years. The takeaway favourite, covered in lashings of salt and vinegar, used to be wrapped in old newspaper and is typically served with mushy peas or tartare sauce.
“We’ve always been seen as a cheap meal, so our margins have always been quite low and we work on volume,” Crook said. “Unfortunately now with the inflationary price, it is very difficult to protect your margins, in fact they’re wiped out.”
Crook, a fish and chip shop owner in Lancashire, northwest England, has increased his prices by £0.50 (US$0.66) a portion to £8.50.
Fish has became even more expensive because some British trawlers are staying in port due to the high cost of fuel.
“It’s just not worth them going out and setting sail, so that’s further pressure on the supply of fish and it’s driving pressure further north,” he said.
Meanwhile, the sales tax in the UK is going back up to 20 percent, having been cut to 12.5 percent during the pandemic.
All of which could put as many as 3,000 of the country’s 10,000 fish and chip shops out of business, Crook said.
“It will probably happen in the next six months,” he said. “I think there is going to be that much pressure on people.”
Sandhu is hoping that her reputation and the quality of her fish and chips will help her ride out the storm.
She has not increased her prices, but is keeping a close eye on her competitors.
“We have to keep the customer happy, but I can’t work for nothing. I have a home to feed,” she said.
Cheaper hamburgers, hot dogs and sausage rolls are now on the menu.
Regular customer Sharon Patterson said that she would keep eating at the restaurant, whatever happens.
“Fish and chips have been part of my world ever since I existed,” Patterson said, sitting on the terrace alongside her mother, who is in her 80s.
“We do have to keep supporting all our local businesses and as long as I can afford it, I will come down and have fish and chips whenever I can,” she said. “It’s part of my growing up. It’s part of my culture.”
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle